Nb Distres Red Regulatory News (NBDG)

14 March 2025

NB Distressed Debt Investment Fund Limited

(the "Company")

Capital Distribution Update

Further to the announcement released on 7 March 2025, the Board of NB Distressed Debt Investment Fund Limited (the "Company") confirms the new ISIN for the NBDG shares as GG00BTLMK410 (the "new ISIN").

As previously disclosed, the redemption of the NBDG shares (the "Redemption") will be effected pro rata to holdings of NBDG shares on the register at the close of business on 25 March 2025 (the "Redemption Date"), being the record date for the Redemption. 

The shares will be disabled in CREST on the Redemption Date and the existing ISIN number GG00BPNZ1D65 for the NBDG shares (the "old ISIN") will expire.

The new ISIN GG00BTLMK410 in respect of the remaining shares which have not been redeemed will be enabled and available for transactions on 26 March 2025 (the "Ex-Date"). For the period up to and including the Redemption Date, shares will be traded under the old ISIN and as such, a purchaser of such shares may have a market claim for a proportion of the redemption proceeds following the activation of the new ISIN. CREST will automatically transfer any open transactions as at the Redemption Date to the new ISIN. The NBDG shares will commence trading without entitlement to the capital distribution on the Ex-Date.

LEI: YRFO7WKOU3V511VFX790

For further information, please contact:

Suntera (Guernsey) Limited

Company Secretary

Tel: +44 (0) 1481 700300

Email: NB.Distressed@suntera.com

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

Administrator

Tel: +44 (0) 1481 723450

Jefferies International Limited

Financial Adviser and Corporate Broker

Tel: +44 (0)20 7029 8000

Neuberger Berman Europe Limited

Manager

Tel: +44 20 7355 7229

Neuberger Berman Investment Advisers LLC

Alternative Investment Fund Manager

Tel: +1 (312) 325-7700

KL Communications

Tel: +44 (0)20 3603 2803, nbdd@kl-communications.com

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