Capital Distribution Update
Source: RNS
15 November 2024
NB Distressed Debt Investment Fund Limited
(the "Company")
Capital Distribution Update
Further to the announcement released on 8 November 2024, the Board of NB Distressed Debt Investment Fund Limited (the "Company") confirms the new ISIN for the NBDX shares as GG00BPNZ1C58 and for NBDG shares as GG00BPNZ1D65 (the "new ISINs").
As previously disclosed, the redemption of the NBDX and NBDG shares (the "Redemption") will be effected pro rata to holdings of NBDX and NBDG shares respectively on the register at the close of business on 26 November 2024 (the "Redemption Date"), being the record date for the Redemption.
The shares will be disabled in CREST on the Redemption Date and the existing ISIN numbers, GG00BR88RQ95 for the NBDX shares and GG00BNTXRB08 for the NBDG shares (the "old ISIN") will expire.
The new ISINs, GG00BPNZ1C58 and GG00BPNZ1D65, in respect of the remaining shares which have not been redeemed will be enabled and available for transactions on 27 November 2024 (the "Ex-Date"). For the period up to and including the Redemption Date, shares will be traded under the old ISIN and as such, a purchaser of such shares may have a market claim for a proportion of the redemption proceeds following the activation of the new ISIN. CREST will automatically transfer any open transactions as at the Redemption Date to the new ISIN. The NBDX and NBDG shares will commence trading without entitlement to the capital distribution on the Ex-Date.
LEI: YRFO7WKOU3V511VFX790
For further information, please contact:
Suntera (Guernsey) Limited
Company Secretary
Tel: +44 (0) 1481 700300
Email: NB.Distressed@suntera.com
U.S. Bank Global Fund Services (Guernsey) Limited
Administrator
Tel: +44 (0) 1481 723450
Jefferies International Limited
Financial Adviser and Corporate Broker
Tel: +44 (0)20 7029 8000
Neuberger Berman Europe Limited
Manager
Tel: +44 20 7355 7229
Neuberger Berman Investment Advisers LLC
Alternative Investment Fund Manager
Tel: +1 (312) 325-7700
KL Communications
Tel: +44 (0)20 3603 2803, nbdd@kl-communications.com
NB Distressed Debt Investment Fund Limited
The Company is a closed-ended investment company incorporated and registered in Guernsey on 20 April 2010 with registration number 51774. The Company is governed under the provisions of the Companies (Guernsey) Law, 2008 (as amended) (the "Law"), and the Registered Collective Investment Scheme Rules and Guidance 2021 issued by the Guernsey Financial Services Commission ("GFSC"). It is a non-cellular company limited by shares and has been declared by the GFSC to be a registered closed-ended collective investment scheme. The Company trades on the Specialist Fund Segment ("SFS") of the London Stock Exchange ("LSE"). The Company is a member of the Association of Investment Companies (the "AIC") and is classified within the Debt - Loans & Bonds Category
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