BLACKROCK NORTH AMERICAN INCOME TRUST PLC: Issue of Equity
22 February 2013
BlackRock North American Income Trust plc (the "Company")
Issue of Equity
The Company announces that it has allotted 550,000 new ordinary shares of 1p each for cash, at a price of 110 pence per share, a premium to the Company's net asset value, under its ordinary share blocklisting facility. The new ordinary shares will rank pari passu with the existing ordinary shares and dealings are expected to commence on 27 February 2013.
Following the allotment of these shares, the Company will have the ability to issue a further 899,999 shares under its block listing facility.
In addition, the Company wishes to notify the market (as per DTR 5.6.1R) that, as a result of the above allotment of Ordinary shares, the issued share capital of the Company will consist of 70,600,000 Ordinary shares. Each Ordinary share carries the right to one vote in relation to all circumstances at general meetings of the Company. The Company does not hold any Ordinary shares in Treasury.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
A B Powley BlackRock Investment Management (UK) Limited Secretary
020 7743 5610
-0- Feb/22/2013 11:01 GMT