9 Nov 2018 11:30
BlackRock Emerging Europe Plc - Net Asset Value(s)BlackRock Emerging Europe Plc - Net Asset Value(s)
PR Newswire
London, November 8
NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC549300OGTQA24Y3KMI14 The unaudited net asset values for BlackRock Emerging Europe plc at close ofbusiness on 8 November 2018 were: 429.52c per share (US cents) - Capital only327.21p per share (pence sterling) - Capital only441.22c per share (US cents) - Including current year income336.12p per share (pence sterling) - Including current year income Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value. 3. Following the cancellation of 400,000 treasury shares on 17 February2017, the Company's share capital consists of 35,916,028 Ordinary shares(excluding 5,000,000 ordinary shares held in treasury) carrying one vote each. 4. On 19 October, proposals for the liquidation and reconstruction ofBlackRock Emerging Europe plc were published. These proposals are subject toshareholder approval at a General Meeting to be held on 15 November 2018. TheCompany's daily net asset value includes an accrual in respect of expectedcosts associated with the liquidation. This accrual accounts for costsdirectly attributable to the liquidation. It is expected disposal costs willalso be encountered while selling down the portfolio however such costs cannotbe reliably estimated until the sale is executed. Consequently disposal costshave not been accrued in the valuation at this point.