t
NB Distressed Debt Investment Fund Limited announced on 25 September 2023 that Non-Executive Director John Edward Hallam's 3,333 Extended Life Shares (NBDX) underwent a compulsory redemption on 12 September 2023. This capital distribution was executed at a price of $1.0314 per share, resulting in a total cash value of $3,437.65, after which Mr. Hallam held 40,507 Extended Life and 33,462 New Global ordinary shares.
| Date | 25 Sept 2023 |
| Time | 11:01:38 |
| Category | Director/PDMR dealings |
| ID | 5395N |
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
John Edward Hallam
|
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Non-Executive Director |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
NB Distressed Debt Investment Fund Limited |
||||
|
b)
|
LEI
|
YRFO7WKOU3V511VFX790 |
||||
|
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|||||
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Extended Life Shares (NBDX - $)
NBDX
|
||||
|
b)
|
Nature of the transaction
|
Capital Distribution - Compulsory redemption of shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
3,333 NBDX deduction
$3,437.65 NBDX (cash value)
|
||||
|
e)
|
Date of the transaction
|
12 September 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
Following this transaction, John Edward Hallam is beneficially interested in 40,507 Extended Life ordinary shares and 33,462 New Global ordinary shares.