NB Glbl FRN Fund Ltd Nb Glgl Fltg Rte Inc: Conversion Of Securities
03 Mars 2016 - 9:00AM
UK Regulatory
TIDMNBLU
3 March 2016
NB Global Floating Rate Income Fund Limited (the "Company")
Conversion between Share Classes
The Company today announces the conversion of a number of Sterling
Shares into US Dollar Shares (the "Conversion"). On the basis of the net
asset values of the Company's shares as at 29 February 2016 (and also
spot currency exchange rates as appropriate, in each case as at 29
February 2016), the conversion ratio, calculated in accordance with the
Company's articles of incorporation, is as follows:
USD to GBP 0.72128339
On the basis of the aggregate level of conversion notices received by
the Company, applications will be made for the admission of 1,388,794
Sterling Shares to the Official List of the UK Listing Authority (the
"Official List") and the main market for listed securities of the London
Stock Exchange plc (the "Main Market"). Application will also be made
for the cancellation of the listing on the Official List and the Main
Market of 1,925,450 US Dollar Shares. It is expected that such
applications will become effective and that dealing in the Sterling
Shares and US Dollar Shares will commence on 10 March 2016. Accordingly,
the Company's issued share capital with effect from 10 March 2016 will
be as follows:
1,249,737,443 Sterling Shares (117,812,482 are held in Treasury as at
2 March 2016)
49,171,068 US Dollar Shares (2,705,254 are held in Treasury as at
2 March 2016)
Sterling Shares have 1.6 votes per share and US Dollar Shares have 1
vote per share. Following Conversion (which is expected to take place on
10 March 2016) the total number of voting rights in the Company will be
1,857,545,751. This figure 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 interests
in the Company under the FCA's Disclosure and Transparency Rules.
Unless otherwise defined, capitalised terms shall have the meaning given
to them in the prospectus of the Company dated 30 September 2013.
Note: The issued share capital and total voting rights with effect from
10 March 2016 may be subject to change due to the current on-going
transactions in own shares of the Company.
ENDS
Carey Group
Claire McSwiggan
+44 (0)1481 737281
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: NB GLOBAL FLOATING RATE INCOME FUND LIMITED (USD) via
Globenewswire
HUG#1990963
http://www.careygroup.gg/
(END) Dow Jones Newswires
March 03, 2016 03:00 ET (08:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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