NB Glbl FRN Fund Ltd Nb Glbl Fltg Rte Inc : Conversion Of Securities

 
TIDMNBLU 
 
 
   3 August 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 and also a number of US Dollar Shares into 
Sterling Shares (the "Conversion"). On the basis of the net asset values 
of the Company's shares as at 29 July 2016 (and also spot currency 
exchange rates as appropriate, in each case as at 29 July 2016), the 
conversion ratios, calculated in accordance with the Company's articles 
of incorporation, are as follows: 
 
   GBP to USD 1.31818651 
 
   USD to GBP 0.75861799 
 
   On the basis of the aggregate level of conversion notices received by 
the Company, applications will be made for the admission of 1,250,466 
Sterling Shares and 30,977 US Dollar 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 23,500 Sterling Shares and 
1,648,348 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 August 2016. Accordingly, the Company's 
issued share capital with effect from 10 August 2016 will be as follows: 
 
   1,113,269,568   Sterling Shares (75,000,000 are held in Treasury as at 3 
August 2016) 
 
   40,706,543        US Dollar Shares (2,972,627 are held in Treasury as at 
3 August 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 August 2016) the total number of voting rights in the Company will be 
1,698,965,224. 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 August 2016 may be subject to change due to the current on-going 
transactions in own shares of the Company. 
 
   ENDS 
 
   Carey Group 
 
   Claire McSwiggan 
 
   [phone] 
 
   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#2032964 
 
 
  http://www.careygroup.gg/ 
 

(END) Dow Jones Newswires

August 03, 2016 10:00 ET (14:00 GMT)

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