Conversion of Securities - replacement

NB Global Floating Rate Income Fund Limited (the "Company")

Conversion of Securities - Replacement

The following amendment has been made to the 'Conversion of Securities ' announcement released on 3 September 2015 at 18.30 BST.

The Company's issued share capital with effect from 10 September 2015 and the stated total number of voting rights have been amended. 

The full amended text is shown below.

3 September 2015

NB Global Floating Rate Income Fund Limited (the "Company")

Conversion between Share Classes

The Company today announces the conversion of a number of US Dollar Shares into Sterling Shares (the "Conversion"). On the basis of the net asset values of the Company's shares as at 31 August 2015 (and also spot currency exchange rates as appropriate, in each case as at 31 August 2015), the conversion ratios, calculated in accordance with the Company's articles of incorporation, are as follows:

USD to GBP 0.65625000

On the basis of the aggregate level of conversion notices received by the Company, applications will be made for the admission of 1,044,974 Sterling to the Official List of the UK Listing Authority (the "Official List") and the main market for listed securities of the London Stock Exchange plc (the "Main Market"). Application will also be made for the cancellation of the listing on the Official List and the Main Market of 1,592,343 US Dollar Shares.  It is expected that such applications will become effective and that dealing in the Sterling Shares will commence on 10 September 2015. Accordingly, the Company's issued share capital with effect from 10 September 2015 will be as follows:

1,244,303,152    Sterling Shares (17,525,634 are held in Treasury as at 2 September 2015)
56,938,626        US Dollar Shares (75,000 are held in Treasury as at 2 September 2015)

Sterling Shares have 1.6 votes per share and US Dollar Shares have 1 vote per share. Following Conversion (which is expected to take place on 10 September 2015) the total number of voting rights in the Company will be 2,019,707,654. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interests in the Company under the FCA's Disclosure and Transparency Rules.

Unless otherwise defined, capitalised terms shall have the meaning given to them in the prospectus of the Company dated 30 September 2013.

Note: The issued share capital with effect from 10 September 2015 may be subject to change due to the current on-going transactions in own shares of the Company.

ENDS

Carey Group
Claire McSwiggan
[phone]

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NB GLOBAL FLOATING RATE INCOME FUND LIMITED (GBP) via Globenewswire

HUG#1951145