14 September 2016
NB Distressed Debt Investment Fund Limited
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") it repurchased 25,000 New Global Shares at a price of 72.50 pence per New Global Share, to be held in treasury, on 13 September 2016. This represents approximately 0.023 per cent of the Company's current issued New Global Shares. The Company also repurchased 200,000 Extended Life Shares at a price of $0.955 per Extended Life Share, to be cancelled, on 13 September 2016. This represents approximately 0.088 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 8,792,500 are held in treasury. The Company also has 228,330,809 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 365,542,681 total voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.
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