Dividend Declaration

RNS Number : 5115H

NB Global Monthly Income Fund Ltd

03 December 2020

 

NOT FOR RELEASE, DISTRUIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO U.S. PERSONS OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

3 December 2020

NB Global Monthly Income Fund Limited

(the "Company")

Dividend Declaration

The Board of the Company (the "Board") is pleased to announce a dividend of £0.0037 per Sterling ordinary share for the period 31 October 2020 to 30 November 2020. This is an 8.8% increase in the dividend paid for October 2020 (£0.0034 per share) and reflects the increase in the yield from the portfolio as it is transitioned into the new strategy. Dividends in relation to the ordinary shares will be payable on 29 December 2020 to ordinary shareholders (the "Qualifying Ordinary Shareholders") on the register as at close of business on 11 December 2020.

The Company intends to pay dividends to shareholders equal to cash income it receives less its running costs paid in the year, subject to the solvency test prescribed by Guernsey law. This dividend represents the second monthly interim dividend to be declared by the Company following the move from quarterly dividends.

As notified to shareholders in writing with the payment of the last monthly dividend, future dividends, commencing with the dividends expected to be paid in January 2021, will only be paid to shareholders electronically, with dividend confirmations available on the Link Share Portal at www.signalshares.com . Dividend payments will no longer be paid by cheque and affected shareholders are encouraged to register their bank account details for the payment of future dividends as soon as possible using one of the methods outlined in the written communication accompanying their previous dividend payment.

The dividend timetable is set out below:

Ex-dividend date	10 December 2020
Dividend record date	11 December 2020
Ordinary Shareholders dividend payment date	29 December 2020

Enquiries:

Praxis Fund Services Limited

Company Secretary

Matt Falla/Gemma Woods

Tel: [phone]

LEI: 549300P4FSBHZFALLG04

 

END

 

 

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