19 Dec 2017 11:40
BlackRock Latin American Investment Trust Plc - Net Asset Value(s)BlackRock Latin American Investment Trust Plc - Net Asset Value(s)
PR Newswire
London, December 18
NET ASSET VALUE BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLCUK9OG5Q0CYUDFGRX4151 The unaudited net asset values for BlackRock Latin American Investment Trustplc at close of business on 18 December 2017 were: 684.57c per share (US cents) - Capital only687.88c per share (US cents) - Including current year income510.96p per share (pence sterling) Capital only513.44p 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, with dividends payablededucted on the ex-dividend date. 3. The Company has 39,369,620 ordinary shares in issue (excluding2,071,662 ordinary shares which are held in treasury). 4. For the latest daily net asset value, previous month end performancestatistics, asset allocation and ten largest holdings of the BlackRock managedInvestment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3). 5. On 30 March 2017, the Company's Net Asset Value (NAV) was adjusted toinclude a provision for Capital Gains Tax potentially payable in Argentina.Following new developments in draft Argentine Tax Reform legislation and alegal opinion received by BlackRock the Board of BRLA have decided to reversethis accrual, having taken into account BlackRock's recommendations, the draftlegislation and external legal opinion received by BlackRock. The impact onthe NAV of this adjustment is an uplift of 32 basis points. This position mayneed to be reconsidered in the light of the final Argentine legislation.