Delaware Enhanced Global Dividend and Income Fund announces expiration of tender offer

Feb 11, 2023

Today, Delaware Enhanced Global Dividend and Income Fund (“the Fund”), a New York Stock Exchange listed closed end fund trading under the symbol “DEX,” announced the preliminary results of its issuer tender offer to purchase for cash up to 3,186,291 of its common shares (“Common Shares”), representing up to 30% of its issued and outstanding Common Shares, without par value. The offer expired at 5:00 p.m., New York City time, on Friday, February 10, 2023. Based on current information, approximately 4,080,333 Common Shares, or approximately 38.42% of the Fund’s Common Shares outstanding, were tendered through the expiration date. This total does not include shares tendered pursuant to notices of guaranteed delivery. Because the number of shares exceeded 3,186,291 shares, the relative number of Common Shares that will be purchased from each shareholder will be prorated based on the number of Common Shares properly tendered. The final number of Common Shares validly tendered and accepted pursuant to the tender offer will be announced at a later date. The Fund expects to make cash payments for tendered and accepted Common Shares at a price equal to 98% of the Fund’s net asset value (NAV) as of the close of regular trading on the New York Stock Exchange on Monday, February 13, 2023. Payment for Common Shares tendered and accepted is expected to be sent to tendering shareholders within approximately ten business days after the expiration date.

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