9 November 2018
BlackRock Emerging
Europe plc
(LEI:
549300OGTQA24Y3KMI14)
Results of
Rollover Elections
The Board of BlackRock Emerging Europe plc (the “Company”)
announces that, in connection with the proposed voluntary
liquidation and rollover into new C Shares to be issued by
BlackRock Frontiers Investment Trust plc (“BRFI”), the Company has
received the total of following elections (or deemed
elections):
-
Cash Option: 24,631,296 Ordinary Shares
-
Rollover Option: 11,284,732 Ordinary Shares
Eligible Shareholders that have made no election are deemed to
have elected for the Rollover Option.
Therefore, subject to shareholder approval of the Resolutions to
be put forward at the Company’s general meeting on 15 November 2018, the Ordinary Shares will be
reclassified as follows:
-
24,631,296 Ordinary Shares with "A" rights, being the right to
receive cash; and
-
11,284,732 Ordinary Shares with "B" rights, being the right to
receive BRFI C Shares.
The amendment to the listing of Reclassified Shares and dealing
in the Reclassified Shares is expected to commence at 08:00 on
22 November 2018 and the listing and
dealing in Reclassified Shares is expected to be suspended at
7:30 am on 23
November 2018.
Defined terms used in this announcement have the meanings given
in the circular published by the Company on 19 October 2018 unless the context otherwise
requires.
Enquiries:
BlackRock Investment
Management (UK) Limited
Simon White
Sarah Beynsberger |
020 7743 3000 |
Winterflood
Securities
Neil Langford
Chris Mills |
020 3100 0000 |