REG - NB Glbl Fltg Rte Inc NB Global Fltg -NBLU - Delay of Audited 2019 Annual Report

NB Global Monthly Income FundAnnouncement

24/03/2020 13:05

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
 
 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
UPDLZLFLBXLEBBV