Transaction in Own Shares

RNS Number : 4412Z

NB Distressed Debt Invest. Fd. Ltd

18 September 2015

 

18 September 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 100,000 New Global Shares at a price of 70.50 pence per New Global Share, to be held in Treasury, on 17 September 2015. The Company also repurchased 196,000 Extended Life Shares at a price of $1.018 per Extended Life Share, to be cancelled, on 17 September 2015. This represents approximately 0.09 per cent of the Company's current issued New Global Shares and approximately 0.06 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  1,110,000 are held in treasury. The Company also has 304,216,117 Extended Life Shares and 55,450,584 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 469,342,486 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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