Transaction in Own Shares

RNS Number : 4321O

NB Distressed Debt Invest. Fd. Ltd

07 November 2016

 

7 November 2016

NB Distressed Debt Investment Fund Limited

(the "Company")

Transaction in Own Shares

The Company announces that pursuant to the general authority granted by shareholders of the Company on 24 August 2016 to make market purchases of its own New Global ordinary share capital ("New Global Shares") and of its own Extended Life ordinary share capital ("Extended Life Shares"), it repurchased 10,000 New Global Shares at a price of 78.00 pence per New Global Share, to be held in Treasury, on 4 November 2016. The Company also repurchased 95,363 Extended Life Shares at a price of $0.965 per Extended Life Share, to be cancelled, on 4 November 2016. This represents approximately 0.009 per cent of the Company's current issued New Global Shares and approximately 0.042 per cent of the Company's current issued Extended Life Shares.

Following this transaction, the Company has 110,785,785 New Global Shares in issue of which 9,547,500 are held in treasury. The Company also has 227,837,337 Extended Life Shares and 35,218,587 Ordinary Shares in issue of which none are held in treasury. All shares have 1 vote per share.

For reporting purposes under the FCA's Disclosure and Transparency Rules the market should  exclude any shares held in treasury and should use the figure of 364,294,209 total voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

Enquiries:

Carey Group

Claire McSwiggan

01481 737281

 

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