NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO
THE UNITED STATES OF
AMERICA, CANADA, AUSTRALIA OR JAPAN
BlackRock Hedge Selector Ltd (the "Company")
Posting of shareholder circular to convene an Extraordinary General Meeting
Posting of shareholder circular
The Board has today published a shareholder circular and notice
to convene an Extraordinary General Meeting to propose a special
resolution to seek shareholder approval to renew its current
authority to buy back up to 14.99% of the Company's UK Emerging
Companies Shares in issue, for cancellation or to be taken into
treasury (the "Buy Back Resolution").
Conditional upon the approval of the Buy Back Resolution, the
Board also proposes a resolution to approve the waiver granted by
the Takeover Panel of the obligation that would otherwise arise, as
a result of the exercise of the authority granted pursuant to the
Buy Back Resolution to buy back UK Emerging Companies Shares, on
any member of the BlackRock Group to make a general offer to the
Shareholders of the Company pursuant to Rule 9 of the Takeover
Code.
The Board also proposes a third resolution to approve the waiver
granted by the Takeover Panel of the obligation that would
otherwise arise, as a result of the redemption of UK Emerging
Companies Shares pursuant to the Redemption Facility, on any member
of the BlackRock Group to make a general offer to the Shareholders
of the Company pursuant to Rule 9 of the Takeover Code.
The Extraordinary General Meeting will be held (immediately
following the Company's Annual General Meeting) at 12.30 p.m. on 28 June
2013 at the offices of BlackRock (Channel Islands) Limited,
4th Floor, One Waverly Place, St.
Helier, Channel Islands, JE1 0BR.
The circular will shortly be available for inspection at the
National Storage Mechanism which is located at
www.morningstar.co.uk/uk/nsm and on the Company's website at
http://www.blackrock.co.uk/BRHS/index.htm.
Enquiries
Ian Webster - 01534 600 802
BlackRock (Channel Islands) Limited
Will Rogers - 020 7397 1920
Sapna Shah - 020 7397 1922
Cenkos Securities plc
Date: 31 May 2013