Smo Gold Regulatory News (BARS)

23 Jul 2012 16:22

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1. Name of Issuer

BlackRock Absolute Return Strategies Ltd

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4R(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii).

Both (i) and (ii)

3. Name of person discharging managerial responsibilities/director.

Mr Colin Maltby

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected persons.

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest.

Holding of the person named above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares.

No par value Sterling shares

7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them.

Mr Colin Maltby

8. State the nature of the transaction.

Redemption of shares as part of the wind-down of the Company

9. Number of shares, debentures or financial instruments relating to shares acquired.

n/a

10. Percentage of issued class acquired (treasury shares or that class should not be taken into account when calculation percentage).

n/a

11. Number of shares, debentures or financial instruments relating to shares disposed.

536

12. Percentage of issued class disposed (treasury shares or that class should not be taken into account when calculation percentage).

0.04%

13. Price per share or value of transaction.

£10.1096 per share

14. Date and place of transaction.

9 July 2012, London

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage).

425 (0.03%)

16. Date issuer informed of transaction.

9 July 201217. Date of grant.N/A

18. Period during which or date on which it can be exercised.

N/A

19. Total amount paid (if any) for grant of the option.

N/A

20. Description of shares or debentures involved (class and number).

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of the exercise.

N/A

22. Total number of shares or debentures over which option held following notification.

N/A

23. Any additional information.

N/A

24. Name of contact and telephone number for queries.

Company SecretaryBlackRock (Channel Islands) LimitedTel: 01534 60 0806

Date: 23 July 2012