REG - NB Global Mthly Inc. - Return of Capital by Partial Compulsory Redemption

NB Global Monthly Income FundAnnouncement

05/03/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240305:nRSE5453Fa&default-theme=true

RNS Number : 5453F  NB Global Monthly Income Fund Ltd  05 March 2024

5 March 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 20 February 2024, the Company redeemed 29,147,729 shares at a
price of 79.04 pence per share for cancellation which was approximately 69.1%
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 19 March 2024. Any certificates
currently in circulation will be superseded by a new certificate which will be
distributed to shareholders by 19 March 2024.

 

Following the redemption, the Company has 13,034,418 Sterling Shares in issue.
Therefore, the total number of voting rights in the Company is 13,034,418 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, GG00BNNJMX19, in respect of the remaining shares which have not
been redeemed (the "New ISIN") is enabled and available for transactions as of
5 March 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

 Gemma Berry

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCJIMBTMTMMTJI