The following announcement replaces the announcement released at
15:28 on 9
November under the PR Newswire release reference number
PRNUK-0911181525-10F8
in which the number of elections for the Cash Option and the
Rollover Option
were not correct. The elections for the Cash Option were overstated
by 1,411
and the Elections for the Rollover option were understated by
1,411. As a
result the figures for the Reclassified Shares with ‘A’ Rights and
Reclassified
Shares with ‘B’ Rights were also not correct. All other details
remain
unchanged and the full amended announcement is set out below
reflecting the
correct number of elections reclassified A Shares and B
Shares
21 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: 24,629,885 Ordinary Shares
• Rollover Option: 11,286,143 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:
• 24,629,885 Ordinary Shares with "A" rights, being the right to
receive cash; and
• 11,286,143 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