NB Distressed Debt Invest. Fd. Ltd Capital Distribution Update (0132H)
March 20 2020 - 7:04AM
UK Regulatory
TIDMNBDD TIDMNBDX TIDMNBDG
RNS Number : 0132H
NB Distressed Debt Invest. Fd. Ltd
20 March 2020
20 March 2020
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 3 March 2020, the
Company has compulsorily redeemed on a pro rata basis 5,434,023
NBDX shares at a price of $0.9176 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
31 March 2020. Any certificates currently in circulation will be
superseded by a new certificate which will be distributed to
shareholders by 31 March 2020.
Following the redemption, the Company has 71,397,915 NBDG,
108,367,771 NBDX and 15,382,770 NBDD Shares in issue. Therefore,
the total number of voting rights in the Company is
195,148,456.
The new ISIN number GG00BKVDG878 for the NBDX shares in respect
of the remaining shares which have not been redeemed has been
enabled and is available for transactions after 19 March 2020.
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
UPDBBGDXDGDDGGG
(END) Dow Jones Newswires
March 20, 2020 07:04 ET (11:04 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