NB Distressed Debt Invest. Fd. Ltd Dividend Declaration

RNS Number : 4276L

NB Distressed Debt Invest. Fd. Ltd

08 November 2024

 

8 November 2024

 

NB Distressed Debt Investment Fund Limited

(the "Company")

 

 

Income Distribution

 

The Board of the Company is pleased to announce an income distribution by way of a dividend of $0.0148 per Extended Life Share and £0.0220 per New Global Share (collectively the "Share Classes"), to be payable on 9 December 2024 to shareholders on the register of the respective Share Classes as at the close of business on 22 November 2024.

These dividends represent the income distribution for the year ended 31 December 2023 and are funded from asset realisations; shareholders should note that the exact amount and timing of any future income distributions may vary depending on the amounts of income received by the Company less relevant expenses.

The Board has declared the respective dividend for each share class in accordance with the Company's distribution policy, as set out in the respective Prospectus for each applicable share class and the Articles of Incorporation, which requires that all income from the Company's Share Classes be distributed after deducting reasonable expenses, subject to the solvency test prescribed by Guernsey law.

Expected timetable: 

Ex-dividend date                                                                              21 November 2024

Dividend record date                                                                     22 November 2024

Dividend payment date                                                                    9 December 2024

 

 

 

LEI: YRFO7WKOU3V511VFX790

 

 

Enquiries:

 

Suntera (Guernsey) Limited

Company Secretary

Tel: [phone]

Email: [e-mail]

 

U.S. Bank Global Fund Services (Guernsey) Limited

Administrator

Tel: [phone]

 

Jefferies International Limited

Financial Adviser and Corporate Broker

Tel: [phone]

 

Neuberger Berman Europe Limited

Manager

Tel: [phone]

 

Neuberger Berman Investment Advisers LLC

Alternative Investment Fund Manager

Tel: [phone]

 

KL Communications

Tel: [phone], [e-mail]

 

 

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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END

 

 

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