Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blackrock Com.C | LSE:BRCC | London | Ordinary Share | GB00B4VQX504 | C SHS 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 106.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBRCI TIDMBRCC Conversion of C Shares BlackRock Commodities Income Investment Trust plc 19 October 2010 BlackRock Commodities Income Investment Trust plc (the "Company") announces that the C Shares currently in issue will be converted into Ordinary Shares at the following rate calculated in accordance with the Company's prospectus dated 1 September 2010 (the "Prospectus"): 0.7454 Ordinary Shares for every C Share (the "Conversion Ratio") On the basis of the Conversion Ratio, a holder of 1,000 C Shares will receive 745 Ordinary Shares in accordance with the following timetable: Admission of new Ordinary Shares to 2 November 2010 the Official List and to trading on the London Stock Exchange Crediting of CREST accounts with new 2 November 2010 Ordinary Shares Share certificates in respect of new week commencing 8 November 2010 Ordinary Shares expected to be despatched by The C Shares will be delisted on 2 November 2010 and an application will be made for 14,908,000 new Ordinary Shares to be admitted to the Official List and to trading on the London Stock Exchange from the same date. The new Ordinary Shares will not receive the Second Special Dividend but will rank pari passu with the existing Ordinary Shares in all other respects from 2 November 2010. The C Shares will also convert, in aggregate, into 185,092,000 Deferred Shares. The Deferred Shares will be purchased by the Company on 2 November 2010 for an aggregate value of GBP0.01 per 1,000,000 Deferred Shares and automatically cancelled. Terms defined in the Prospectus shall have the same meaning in this announcement. For further information: Blackrock Commodities Income Investment Trust plc Jonathan Ruck Keene / Kerry Higgins +44 (0) 20 7743 3000 J.P. Morgan Cazenove Limited William Simmonds Tel: +44 (0) 20 7588 2828 END
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