Transaction in Own Shares

RNS Number : 3172P

NB Global Floating Rate Income Fund

09 June 2020

 

9 June 2020

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 3 March 2020 to make market purchases of its own Ordinary shares, it repurchased 200,000 Sterling Shares at a price of 80.18 pence per Sterling Share, to be cancelled, on 8 June 2020. The Company also repurchased 39,000 US Dollar Shares at a price of 81.12 cents per US Dollar Share to be cancelled, on 8 June 2020. This represents approximately 0.0426 per cent of the Company's current issued Sterling Shares and 0.151 per cent of the Company's current issued US Dollar Shares.

Following this transaction, the Company has in issue 469,736,831 Sterling Shares of which 75,000,000 are held in treasury. The Company also has 25,798,806 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 656,035,108 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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