Transaction in Own Shares

RNS Number : 0141C

NB Distressed Debt Invest. Fd. Ltd

23 June 2016

 

23 June 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 7,500 New Global Shares at a price of 62.75 pence per New Global Share, to be held in Treasury, on 22 June 2016. The Company also repurchased 43,726 Extended Life Shares at a price of $0.922 per Extended Life Share, to be cancelled, on 22 June 2016. This represents approximately 0.007 per cent of the Company's current issued New Global Shares and approximately 0.019 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 8,517,500 are held in treasury. The Company also has 228,570,809 Extended Life Shares and 35,218,587 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 366,057,681 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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