27 May 2016
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 65.00 pence per New Global Share, to be held in Treasury, on 26 May 2016. The Company also repurchased 85,000 Extended Life Shares at a price of $0.935 per Extended Life Share, to be cancelled, on 26 May 2016. This represents approximately 0.090 per cent of the Company's current issued New Global Shares and approximately 0.036 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 7,875,000 are held in treasury. The Company also has 236,744,693 Extended Life Shares and 38,265,672 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 377,921,150 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