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

 
TIDMNBLU 
 
 
   5 October 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 30 September 2016 (and also 
spot currency exchange rate as at 30 September 2016), the conversion 
ratio, calculated in accordance with the Company's articles of 
incorporation, are as follows: 
 
   GBP to USD 1.28883693 
 
   On the basis of the aggregate level of conversion notices received by 
the Company, applications will be made for the admission of 32,220 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 25,000 Sterling Shares.  It is expected that such applications 
will become effective and that dealing in the Sterling Shares and US 
Dollar Shares will commence on 12 October 2016. Accordingly, the 
Company's issued share capital with effect from 12 October 2016 will be 
as follows: 
 
   1,097,755,679   Sterling Shares (75,000,000 are held in Treasury as at 4 
October 2016) 
 
   40,806,425        US Dollar Shares (2,972,627 are held in Treasury as at 
4 October 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 
12 October 2016) the total number of voting rights in the Company will 
be 1,674,242,884. 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 
12 October 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 Corporate Solutions on behalf 
of Nasdaq 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 
 
 
  http://www.careygroup.gg/ 
 

(END) Dow Jones Newswires

October 05, 2016 13:00 ET (17:00 GMT)

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