BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC: Statement re Subscription Shares
BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC: Statement re Subscription Shares BlackRock Greater Europe Investment Trust plc
The Board of BlackRock Greater Europe Investment Trust plc ('the Company') is considering a bonus issue of Subscription Shares to shareholders in Q2 2013.
Following a number of years of regular semi-annual tender offers, the number of shares in issue has decreased, reducing the market capitalisation of the Company. The Board considers that an issue of Subscription Shares, which may in due course increase the number of shares in issue, may improve the liquidity of the Company's shares in the market to the advantage of shareholders and may further represent an attractive option for shareholders to subscribe in future for additional Ordinary Shares in the Company.
It is expected that a General Meeting of the Company will be convened in April to consider such proposal.
29 January 2013
BlackRock Investment Management (UK) Limited - 020 7743 3000 Simon White Caroline Driscoll
Cenkos Securities plc - 020 7397 8900 Will Rogers Dion Di Miceli
-0- Jan/29/2013 15:47 GMT