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Tender Offer

19 Sep 2016 15:47

BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC - Tender Offer

BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC - Tender Offer

PR Newswire

London, September 14

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN.BLACKROCK GREATER EUROPE INVESTMENT TRUST plc (the “Company”)Tender offer to purchase up to 20 per cent. of the ordinary shares in issue of the CompanyAs part of their discount control mechanism, the Directors have resolved to implement a tender offer which will enable shareholders to tender all or part of their ordinary shares for cash, subject to a maximum of 20 per cent. in aggregate of the ordinary shares in issue (excluding treasury shares). The tender offer calculation date will be 30 November 2016 and the tender price will be 98 per cent. of the diluted net asset value per share. The record date for shareholders for this tender offer is the close of business on 19 September 2016.The Board intends to post a circular to shareholders at the end of October 2016 containing details of the tender offer and the procedure for tendering shares.Shareholders should place no expectation or reliance on the Board exercising its discretion to operate a periodic tender offer on any one occasion in the future.19 September 2016Enquiries:BlackRock Investment Management (UK) LimitedSimon White – 020 7743 5284Caroline Driscoll – 020 7743 2427Cenkos Securities plcWill Rogers – 020 7397 1920Sapna Shah – 020 7397 1922

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