NB Distressed Debt Invest. Fd. Ltd Capital Distribution Update (6579U)
November 26 2019 - 2:02AM
UK Regulatory
TIDMNBDD TIDMNBDX TIDMNBDG
RNS Number : 6579U
NB Distressed Debt Invest. Fd. Ltd
26 November 2019
26 November 2019
NB Distressed Debt Investment Fund Limited
Capital Distribution Update
NB Distressed Debt Investment Fund Limited (the "Company")
announces that, in connection with the capital distribution for the
Extended Life ("NBDX") Share Class announced on 12 November 2019,
the Company has compulsorily redeemed on a pro rata basis
11,460,349 NBDX shares at a price of $0.9155 per NBDX share for
cancellation. Fractions of shares produced by the applicable
redemption ratios have not been redeemed and therefore the number
of shares redeemed in respect of each shareholder has been rounded
down to the nearest whole number of shares.
Payments of redemption monies are expected to be effected either
through CREST (in the case of shares held in uncertificated form)
or by cheque (in the case of shares held in certificated form) by 5
December 2019. Any certificates currently in circulation will be
superseded by a new certificate which will be distributed to
shareholders by 5 December 2019.
Following the redemption, the Company has 71,947,915 NBDG,
114,446,794 NBDX and 15,382,770 NBDD Shares in issue. Therefore,
the total number of voting rights in the Company is
201,777,479.
The new ISIN number GG00BKP4Y710 for the NBDX shares in respect
of the remaining shares which have not been redeemed has been
enabled and is available for transactions after 25 November
2019.
LEI: YRFO7WKOU3V511VFX790
For further information, please contact:
KL Communications +44 (0) 20 3021 2580
Charles Gorman nbdd@kl-communications.com
Stifel Nicolaus Europe Limited
Mark Bloomfield +44 (0) 20 7710 7600
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCEQLBLKFFLFBK
(END) Dow Jones Newswires
November 26, 2019 02:02 ET (07:02 GMT)
Nb Distressed Debt Inves... (LSE:NBDD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Nb Distressed Debt Inves... (LSE:NBDD)
Historical Stock Chart
From Jul 2023 to Jul 2024