REG - NB Global Mthly Inc. - Compulsory Partial Redemption

NB Global Monthly Income FundAnnouncement

22/05/2024 07:00

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RNS Number : 3713P  NB Global Monthly Income Fund Ltd  22 May 2024

22 May 2024

 

NB Global Monthly Income Fund Limited ("NBMI")

 

Return of Capital by a Partial Compulsory Redemption of Shares

 

 

The Board announces that in connection with the Compulsory Redemption
announced on 8 May 2024, and further announcement on the 21 May 2024, the
Company redeemed 7,619,786 shares at a price of £0.7087 pence per share for
cancellation which was approximately 58.46% of the Company's Sterling Shares
in issue.

 

Fractions of shares produced by the applicable redemption ratios have not been
redeemed and therefore the number of shares redeemed in respect of each
shareholder has been rounded down to the nearest whole number of shares.

 

Payments of redemption monies are expected to be effected either through CREST
(in the case of shares held in uncertificated form) or by cheque (in the case
of shares held in certificated form) by 7 June 2024. Any certificates
currently in circulation will be superseded by a new certificate which will be
distributed to shareholders.

 

Following the redemption, the Company has 5,414,632 Sterling Shares in issue.
Therefore, the total number of voting rights in the Company is 5,414,632 and
may be used by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

The new ISIN, GG00BQT33Y66, in respect of the remaining shares which have not
been redeemed (the "New ISIN") is enabled and available for transactions as of
22 May 2024. CREST will automatically transform any open transactions as at
the Redemption Date into the New ISIN.

 

For further information, please contact:

 

 Neuberger Berman Europe Limited (Manager)                    +44 (0) 20 3214 9078

 Elizabeth Papadopoulos

 Deutsche Numis (Broker)                                      +44 (0) 20 7260 1000

 Hugh Jonathan

 Matt Goss

 Sanne Fund Services (Guernsey) Limited (Company Secretary)   +44 (0) 20 3530 3600

 Matt Falla

 Nicole Barnes

 

 

LEI: 549300P4FSBHZFALLG04

 

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