Transaction in Own Shares

RNS Number : 5619T

NB Distressed Debt Invest. Fd. Ltd

21 July 2015

 

21 July 2015

NB Distressed Debt Investment Fund Limited

(the "Company")

Transaction in Own Shares

The Company announces that pursuant to the general authority granted by shareholders of the Company on 4 June 2015 to make market purchases of its own New Global ordinary share capital ("New Global Shares") and of its own Extended Life ordinary share capital ("Extended Life Shares"), it repurchased 50,000 New Global Shares at a price of 75.25 pence per New Global Share, to be held in Treasury, on 20 July 2015. The Company also repurchased 41,512 Extended Life Shares at a price of $1.070 per Extended Life Share, to be cancelled, on 20 July 2015. This represents approximately 0.05 per cent of the Company's current issued New Global Shares and approximately 0.01 per cent. of the Company's current issued Extended Life Shares.

Following this transaction, the Company has 110,785,785 New Global Shares in issue of which 990,000 are held in treasury. The Company also has 319,888,967 Extended Life Shares and 61,146,214 Ordinary Shares in issue of which none are held in treasury. All shares have 1 vote per share.

For reporting purposes under the FCA's Disclosure and Transparency Rules the market should  exclude any shares held in treasury and should use the figure of 490,830,966 total voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

Enquiries:

Carey Group

Claire McSwiggan           

01481 737281

 

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