Transaction in Own Shares

RNS Number : 1816N

NB Global Floating Rate Income Fund

23 September 2019

 

23 September 2019

NB Global Floating Rate Income Fund Limited

(the "Company")

Transaction in Own Shares

The Company announces that pursuant to the general authority granted by shareholders of the Company on 12 August 2019 to make market purchases of its own Ordinary shares, it repurchased 911,218 Sterling Shares at a price of 89.11 pence per Sterling Share, to be cancelled, on 20 September 2019. The Company also repurchased 88,782 US Dollar Shares at a price of 91.75 cents per US Dollar Share to be cancelled, on 20 September 2019. This represents approximately 0.1526 per cent of the Company's current issued Sterling Shares and 0.291 per cent of the Company's current issued US Dollar Shares.

Following this transaction, the Company has in issue 596,169,973 Sterling Shares of which 75,000,000 are held in treasury. The Company also has 30,449,013 US Dollar Shares in issue of which 1,342,627 are held in treasury. US Dollar Shares have 1 vote per share and Sterling Shares have 1.6 votes per share.

For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and should use the figure of 862,978,342 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

Enquiries:

Praxis Fund Services Limited

Company Secretary

Matt Falla/Gemma Woods

Tel: [phone]

LEI: 549300P4FSBHZFALLG04

 

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