Articles from Converium Capital Inc.

Converium Capital Inc. (“Converium”), which manages funds that own shares of CVS Group plc (LSE: CVSG) (“CVS Group” or the “Company”), today announced that it has sent a letter to CVS Group’s Board of Directors (the “Board”) highlighting the Company’s undervaluation and urging the immediate initiation of a £100 million share buyback, equivalent to 12.5% of the Company’s current market capitalization. Based on discussions with shareholders, Converium believes there is clear and broad support for this action.

Converium Capital Inc. (“Converium”), a multi-strategy investment firm, yesterday sent a letter to the Board of Directors of Foxtons Group plc (LON: FOXT) (“Foxtons” or the “Company”) urging the Company to commence a formal sales process.