BLACKROCK NEW ENERGY INVESTMENT TRUST PLC: Net Asset Value(s)
NET ASSET VALUE
BLACKROCK NEW ENERGY INVESTMENT TRUST PLC
The unaudited net asset values for BlackRock New Energy Investment Trust plc at close of business on 24 September 2013 were:
44.42p Capital (Pre Performance Fee) 44.42p Capital (Post Performance Fee) 44.78p Including income (Pre Performance Fee) - diluted for subscription shares 44.78p Including income (Post Performance Fee) - diluted for subscription shares
1. Under the investment management agreement dated 14 December 2006, a performance fee is payable based on outperformance of the Company's benchmark index if the Company's NAV reaches a high watermark of 55.58p. In accordance with the AIC statement of Recommended Practice, the above NAV includes any relevant performance fee provisions to the extent that the high watermark has been attained. The NAV prior to the calculation of any performance fee accruals, for the purposes of calculating the high watermark, amounted to: 44.78p (including income).
2. Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.
3. Following the recent conversion of 14,838 Subscription Shares into Ordinary shares on 7 August 2013 the Company's issued share capital now comprises 234,985,619 Ordinary Shares, 11,900,000 Treasury Shares and 45,614,192 Subscription Shares.
4. For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
-0- Sep/25/2013 15:55 GMT