BRFI Blackrock Frontiers Investment Trust Plc

 
TIDMBRFI 
 
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR 
INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW 
ZEALAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO 
SO MAY RESULT IN THE CONTRAVENTION OF ANY REGISTRATION OR OTHER LEGAL 
REQUIREMENT OF SUCH JURISDICTION 
 
30 March 2021 
 
                   BlackRock Frontiers Investment Trust plc 
 
                          (LEI: 5493003K5E043LHLO706) 
 
                              Tender Offer Update 
 
Further to the announcement on 25 February 2021, the Board of BlackRock 
Frontiers Investment Trust plc (the "Company") confirms that all the assets in 
the Tender Pool have been fully realised. The Tender Pool Determination Date 
was 26 March 2021 and, as at that date, the Final Tender Offer Asset Value was 
£62,671,613.68, giving a Tender Price of 120.79 pence per Tender Share. 
 
Winterflood Securities will, as principal, on the terms and subject to the 
conditions of the Tender Offer, buy the 51,884,770 Tender Shares at the Tender 
Price in the market then sell the Tender Shares to the Company at the Tender 
Price in accordance with the Repurchase Agreement, with this expected to happen 
on or around 31 March 2021. All of the 51,884,770 Tender Shares will be 
transferred into and held in treasury until further notice. 
 
Capitalised terms used in this announcement, unless otherwise defined, have the 
same meanings as set out in the circular to Shareholders published by the 
Company on 29 January 2021. 
 
Enquiries: 
 
BlackRock Investment Management (UK) Limited                     020 7743 3000 
Simon White 
Sarah Beynsberger 
Kevin Mayger 
 
                                                                 020 3100 0292 
Winterflood Securities Limited 
Neil Morgan 
 
 
 
 
END 
 
 

(END) Dow Jones Newswires

March 30, 2021 11:03 ET (15:03 GMT)

Blackrock Frontiers Inve... (LSE:BRFI)
Historical Stock Chart
From Mar 2024 to Apr 2024

Blackrock Frontiers Inve... (LSE:BRFI)
Historical Stock Chart
From Apr 2023 to Apr 2024