Nb Global Share News (NBMI)

EARNINGS AND TRADING: Chill Brands shareholder seeks board ejections

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: NB Global Monthly to pay GBP23 million in share redemption

NB Global Monthly Income Fund Ltd - invests in traditional credit, such as bonds and loans, and in alternative credit, such as distressed credit and mezzanine - Shares rise as company plans to distribute approximately GBP23.0 million in total among investors, through partial compulsory redemption of shares on March 4. Says it will redeem around 69.1% of existing shares, at 79.04 pence each. This is equal to its net asset value per share on Friday.

TRADING UPDATES: Zinc Media to pay GBP850,000 in earn-out on The Edge

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and Monday and not separately reported by Alliance News:

TRADING UPDATES: Carclo to close facility, Empire progresses drilling

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

SMALL-CAP WINNERS & LOSERS: NB Global plans to give back GBP24 million

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

TRADING UPDATES: Elixirr record half-year revenue; Bango profit down

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

IN BRIEF: NB Global Monthly Income Fund plans GBP20 million return

NB Global Monthly Income Fund Ltd - invests in traditional credit, such as bonds and loans, and in alternative credit, such as distressed credit and mezzanine debt - Announces GBP20 million return to shareholders by means of a partial compulsory redemption of shares at 79.31 pence each. Explains this was the company's net asset value per share on Tuesday. The redemption will represent 26% of existing shares. Shareholders back in January approved a plan to realise all company assets and return the proceeds. Since then, there have been three redemptions returning more than GBP100 million. With this fourth return, a total of 66.7% of NAV as of January has been returned.

NB Global declares latest interim dividend as wind-down continues

(Alliance News) - NB Global Monthly Income Fund Ltd on Tuesday declared a fresh quarterly dividend and said it has disposed of assets over GBP100 million as its portfolio wind-down continues.

TRADING UPDATES: Pendragon quarterly trading momentum maintained

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: NB Global to return capital by compulsory share redemption

NB Global Monthly Income Fund Ltd - Guernsey-based closed-ended investment company - Intends to distribute to shareholders GBP28.5 million by way of a partial compulsory redemption of shares on June 29. The company will redeem around 27% of existing shares as at close of business on June 29 . The redemption will be effected at 79.35 pence per share which is equal to the net asset value per share on June 13.

UK shareholder meetings calendar - next 7 days

IN BRIEF: NB Global Monthly returns GBP37 million to shareholders

NB Global Monthly Income Fund Ltd - Guernsey-based closed-ended investment company - Confirms has redeemed 46.0 million shares at 80.22 pence each as part of compulsory redemption plan returning around GBP36.9 million to shareholders.

TRADING UPDATES: Wells Fargo joins LendInvest GBP200 million financing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

NB Global Monthly Income net asset value falls in 2022

NB Global Monthly Income Fund Ltd - Guernsey-based closed-ended investment company - reports net asset value at December 31 was 79 pence, reduced from 94p a year prior. Notes in 2022 global credit and government bond markets experienced significant drawdowns as a result of rising interest rates, high inflation, the war in Ukraine, rising recession risk and spiking energy prices. Adds the company's share price total return in 2022 was negative 13.6% per share which was weaker than the NAV total return per share due to a widening in the discount to NAV from 5.6% at the start of the year to 9.6% at the close. Declares annual dividend of dividend 5.74p up from 4.68p in 2021. Intends to move to quarterly dividends from the first quarter of 2023.