26 October 2017
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 24 August 2016 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 76.5 pence per New Global Share, to be cancelled, on 25 October 2017. The Company also repurchased 10,000 Extended Life Shares at a price of $0.865 per Extended Life Share, to be cancelled, on 25 October 2017. This represents approximately 0.0506 per cent of the Company's current issued New Global Shares and approximately 0.0056 per cent of the Company's current issued Extended Life Shares.
Following this transaction, the Company has 98,813,585 New Global Shares in issue and 177,340,927 Extended Life Shares in issue. The Company also has 29,356,773 Ordinary Shares in issue. All shares have 1 vote per share.
For reporting purposes under the FCA's Disclosure and Transparency Rules the market should use the figure of 305,511,285 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
Sara Bourne
Tel: +44 (0) 1481 737 245