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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blackrock New S | LSE:BRNS | London | Ordinary Share | GB00B4KTTT60 | SUB SHS 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.29 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
BlackRock New Energy Investment Trust plc: Elections under Scheme Further to the proposals for the reconstruction and winding up of the Company contained in the circular dated 19 December 2013, the deadline for receipt of Forms of Election has now passed. Valid elections for New Energy Fund Shares were received in respect of Ordinary Shares with an aggregate value of less than £5m, therefore such Elections are deemed to be elections for the Cash Option in accordance with the terms of the Scheme. Accordingly, elections for cash were made, or deemed to have been made, in respect of all 235,000,192 of the Company's Ordinary Shares. Reclassification of Shares As a result of the elections referred to above, 235,000,192 Ordinary Shares will be reclassified as Shares with A Rights and no Shares will be reclassified as Shares with B Rights. Application has been made to the UK Listing Authority and the London Stock Exchange for the listing in respect of the Shares to be amended to reflect the reclassification of the Shares as Reclassified Shares. It is expected that such amendment will become effective and dealings in the Reclassified Shares will commence with effect from 8.00 a.m. on 7 February 2014. Suspension and cancellation of Reclassified Shares and Subscription Shares It is expected that the listings of the Reclassified Shares and the Subscription Shares will be suspended at 7.30 a.m. on 14 February 2014. The Company has requested, subject to the passing of the resolution to be proposed at the Second General Meeting, the cancellation of admission of the Reclassified Shares and the Subscription Shares to listing on the Official List and to trading on the Main Market. The cancellations are expected to take effect at 8.00 a.m. on 17 February 2014. General The Scheme remains conditional on the passing of the Resolutions to approve the Proposals at the Meetings. The Proposals will not become effective unless the Resolutions are passed. Enquiries Simon White BlackRock Investment Management 020 7743 5284 Alex Blake Winterflood Investment Trusts 020 3100 0297 Capitalised terms shall bear the meanings given to them in the Company's Circular dated 19 December 2013 unless the context otherwise requires.
4 February 2014
Copyright ry 4 PR Newswire
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