Highbridge Tactical Credit Fund Limited announced that it will return £14,682,460.96 (equivalent to £0.83 pence per share) on 20 May 2021 (the "Redemption Date") by way of a compulsory partial redemption of ordinary shares of NPV ("Shares") (the "Redemption"). The Redemption will be effected at £2.6986, being the NAV per Share as at 31 March 2021 and pro rata to holdings of Shares on the register at the close of business on the Redemption Record Date, being 20 May 2021. As at today's date, the Company has 17,689,712 Shares in issue of which nil are held held in treasury. On this basis approximately 30.75 percent. of each registered shareholding would be redeemed on the Redemption Date. Fractions of shares will not be redeemed and so the number of shares to be redeemed for each shareholder will be rounded down to the nearest whole number of shares. Up to and including the Redemption Date, Shares will be traded under the Old ISIN and as such, a purchaser of such Shares would have a market claim for a proportion of the redemption proceeds. CREST will automatically transform any open transactions as at the Redemption Date into the New ISIN.