Delay of Audited 2019 Annual Report

RNS Number : 3689H
NB Global Floating Rate Income Fund
24 March 2020
 

24 March 2020

NB Global Floating Rate Income Fund Limited

(the "Company")  

Delay of Audited 2019 Annual Report & Financial Statements

   

In light of the unprecedented practical challenges for some companies and the audit profession arising from the COVID-19 pandemic, on 21st March 2020, the Financial Conduct Authority ('FCA') requested that all listed companies which publish their preliminary results around this time, observe a moratorium on the publication of preliminary financial statements for at least two weeks. The Financial Reporting Council ("FRC")  has not only supported this but encourages listed companies and their auditors to consider carefully whether they should delay other corporate reports for the next two weeks, such as interim financial statements and final audited financial statements, except where necessary to meet a legal or regulatory requirement.

 

Although the Company does not release preliminary results, the Board, in consultation with the Company's auditor, considers that the scheduled publication of its audited financial statements is not necessary to meet a legal or regulatory requirement and therefore has taken the decision to delay the release of the Company's Audited Annual Report & Financial Statements for its year ended 31st December 2019, which were due to be released on Wednesday 1st April 2020. A further announcement as to when the Company will release its results will be made prior to the regulatory deadline of 30 April 2020.

 

 

Enquiries:

 

Praxis Fund Services Limited

Company Secretary

 

Matt Falla/Gemma Woods

Tel: +44 (0) 1481 737 600

LEI: 549300P4FSBHZFALLG04

 

 


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