Transaction in Own Shares

RNS Number : 6013F

NB Global Floating Rate Income Fund

16 July 2019

 

16 July 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 7 May 2019 to make market purchases of its own Ordinary shares, it repurchased 1,250,000 Sterling Shares at a price of 90.38 pence per Sterling Share, to be cancelled, on 15 July 2019. The Company also repurchased 250,000 US Dollar Shares at a price of 92.25 cents per US Dollar Share to be cancelled, on 15 July 2019. This represents approximately 0.1943 per cent of the Company's current issued Sterling Shares and 0.632 per cent of the Company's current issued US Dollar Shares.

Following this transaction, the Company has in issue 642,039,348 Sterling Shares of which 75,000,000 are held in treasury. The Company also has 39,325,291 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 945,245,620 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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