19 Oct 2018 11:24
BlackRock Emerging Europe Plc - Net Asset Value(s)BlackRock Emerging Europe Plc - Net Asset Value(s)
PR Newswire
London, October 18
NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC549300OGTQA24Y3KMI14 The unaudited net asset values for BlackRock Emerging Europe plc at close ofbusiness on 18 October 2018 were: 416.65c per share (US cents) - Capital only318.69p per share (pence sterling) - Capital only428.46c per share (US cents) - Including current year income327.73p 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. As announced on 17 August 2018, the Company intends to put forwardproposals which will result in the liquidation of the Company's assets.Effective 17 August 2018 the daily valuation includes an accrual in respect ofexpected costs associated with the liquidation. This accrual accounts forcosts directly attributable to the liquidation. It is expected disposal costswill also be encountered while selling down the portfolio however such costscannot be reliably estimated until the sale is executed. Consequently disposalcosts have not been accrued in the valuation at this point.