22 Mar 2017 12:01
BLACKROCK EMERGING EUROPE PLC - Statement re Investment Management FeeBLACKROCK EMERGING EUROPE PLC - Statement re Investment Management Fee
PR Newswire
London, March 22
BlackRock Emerging Europe plc
Legal entity identifier: 549300OGTQA24Y3KMI14
22 March 2017
INVESTMENT MANAGEMENT FEE
Following discussions with the Manager, agreement has been reached on a revised management fee. The management fee will be reduced with effect from 1 April 2017 from 1.00% per annum of the Company’s average daily market capitalisation to 0.80% per annum of the Company’s net asset value.
Enquiries:
Simon White 0207 743 5284
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.