Transaction in Own Shares

RNS Number : 8113T

NB Global Floating Rate Income Fund

19 November 2019

 

19 November 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 4 November 2019 to make market purchases of its own Ordinary shares, it repurchased 250,000 Sterling Shares at a price of 90.80 pence per Sterling Share, to be cancelled, on 18 November 2019. The Company also repurchased 100,000 US Dollar Shares at a price of 93.05 cents per US Dollar Share to be cancelled, on 18 November 2019. This represents approximately 0.0465 per cent of the Company's current issued Sterling Shares and 0.331 per cent of the Company's current issued US Dollar Shares.

Following this transaction, the Company has in issue 537,149,973 Sterling Shares of which 75,000,000 are held in treasury. The Company also has 30,149,013 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  768,246,342 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

 

END

 

 

POSVVLFFKFFFFBX