Not for release, publication or distribution in or into the United States, Canada, Australia or Japan

BLACKROCK GREATER EUROPE INVESTMENT TRUST plc (the “Company”)
LEI - 5493003R8FJ6I76ZUW55

 

Tender Offer

The Board of BlackRock Greater Europe Investment Trust plc (the Company) announces that it has decided not to implement a semi-annual tender offer in May 2019.

Over the six months to 28 February 2019, the average discount to net asset value (cum income) (NAV) was 4.6% and the discount to NAV on a cum income basis (diluted for treasury shares) as at close of business on 22 March 2019 was 3.7%. The Board has therefore concluded that it is not in the interests of shareholders as a whole to implement a semi-annual tender offer in May 2019.

The Board will continue to monitor the Company’s discount to NAV and will look to buy back shares and/or operate six monthly tender offers if it is deemed to be in the interests of shareholders as a whole.

25 March 2019

For further information, please contact:

Melissa Gallagher – 020 7743 3893

BlackRock Investment Management (UK) Limited

Sapna Shah – 020 7397 1922

Cenkos Securities plc

Copyright h 25 PR Newswire

Blackrock Greater Europe... (LSE:BRGE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Blackrock Greater Europe... Charts.
Blackrock Greater Europe... (LSE:BRGE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Blackrock Greater Europe... Charts.