Return of Capital by Partial Compulsory Redemption
12 September 2023
NB Global Monthly Income Fund Limited ("NBMI")
Return of Capital by a Partial Compulsory Redemption of Shares
The Board announces that in connection with the Compulsory Redemption announced on 24 August 2023, the Company redeemed 25,216,746 shares at a price of 79.31 pence per share for cancellation which was approximately 26.12% of the Company's Sterling Shares in issue.
Fractions of shares produced by the applicable redemption ratios have not been redeemed and therefore the number of shares redeemed in respect of each shareholder has been rounded down to the nearest whole number of shares.
Payments of redemption monies are expected to be effected either through CREST (in the case of shares held in uncertificated form) or by cheque (in the case of shares held in certificated form) by 26 September 2023. Any certificates currently in circulation will be superseded by a new certificate which will be distributed to shareholders by 26 September 2023.
Following the redemption, the Company has 71,325,684 Sterling Shares in issue. Therefore, the total number of voting rights in the Company is 71,325,684 and 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 interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The new ISIN, GG00BLPNMH13, in respect of the remaining shares which have not been redeemed (the "New ISIN") is enabled and available for transactions as of 12 September 2023. CREST will automatically transform any open transactions as at the Redemption Date into the New ISIN.
For further information, please contact:
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Neuberger Berman Europe Limited (Manager) Elizabeth Papadopoulos
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+44 (0) 20 3214 9078
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Numis Securities Limited (Broker) Hugh Jonathan Matt Goss
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+44 (0) 20 7260 1000 |
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Sanne Fund Services (Guernsey) Limited (Company Secretary) Matt Falla Gemma Berry
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+44 (0) 20 3530 3600
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LEI: 549300P4FSBHZFALLG04
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