Publication of Circular to convene a General Me...

THIS ANNOUNCEMENT SHOULD NOT BE DISTRIBUTED, FORWARDED TO OR TRANSMITTED, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OR REGULATIONS OF ANY SUCH JURISDICTION

14 November 2017

BlackRock Frontiers Investment Trust plc
(LEI: 5493003K5E043LHLO706)

(the "Company")

Publication of Circular to convene a General Meeting

Since the Company’s Annual General Meeting held on 31 January 2017, its Ordinary Shares have consistently traded at a premium to the Net Asset Value per Ordinary Share, which indicates that there is ongoing demand for them in the market.  In order to satisfy this demand, the Company has issued 16,433,000 Ordinary Shares in the period from the Annual General Meeting to 13 November 2017 (being the latest practicable date prior to the publication of this announcement) and the authority to issue Ordinary Shares on a non-pre-emptive basis granted on 31 January 2017 has been fully utilised save in respect of 310 Ordinary Shares.  The Company is therefore taking the steps necessary to enable it to continue to issue further Ordinary Shares.

Accordingly, the Company is pleased to announce that it has today published a circular (the “Circular”) convening a General Meeting on 11 December 2017 in order to seek Shareholder authority to issue further Ordinary Shares on a non-pre-emptive basis.  As with the Ordinary Share issuances to date, the Ordinary Shares will be issued at prices not less than the last published Sterling Net Asset Value (cum-income) per Ordinary Share at the time the proposed allotment is agreed and will therefore be accretive to the Net Asset Value per Ordinary Share.

The Circular sets out the Company's intention to call a General Meeting of Shareholders to be held at 12 Throgmorton Avenue, London EC2N 2DL at 2 p.m. on 11 December 2017 to consider and, if thought fit, approve an ordinary resolution empowering the Directors to allot securities up to an amount equal to approximately 10 per cent. of the issued share capital of the Company as at 13 November 2017 and a special resolution to disapply pre-emption rights in respect of any such issuance. Any authority granted to the Directors will be in substitution for the authorities granted at the Annual General Meeting and will expire at the conclusion of the next annual general meeting of the Company to be held in 2018.

Expected Timetable:

Latest time and date for receipt of forms of proxy	2 p.m. on 7 December 2017
General Meeting	2 p.m. on 11 December 2017

A copy of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM. 

The Circular will also shortly be available on the Company's website at: www.blackrock.com/uk/brfi/gmcircular.

Terms used in this announcement shall, unless the context otherwise requires, bear the meanings given to them in the Circular.

Enquiries: Simon White/Sarah Beynsberger/Kevin Mayger BlackRock Investment Management (UK) Limited Tel: [phone] Neil Morgan Winterflood Investment Trusts Tel: [phone]

IMPORTANT INFORMATION

The content of this announcement has been prepared by, and is the sole responsibility of, BlackRock Frontiers Investment Trust plc. The information contained in this announcement is given at the date of its publication (unless otherwise marked) and is subject to updating, revision and amendment from time to time. Neither the content of the Company's website nor any website accessible by hyperlinks to the Company's website is incorporated in, or forms part of, this announcement. The distribution of this announcement into jurisdictions other than the United Kingdom may be restricted by law. Any failure to comply with these restrictions may constitute a violation of the securities laws or regulations of any such jurisdiction. In particular, this announcement should not be distributed, forwarded to or transmitted, directly or indirectly, in whole or in part, in, into or from the United States, Australia, Canada, Japan or the Republic of South Africa or any other jurisdiction where to do so may constitute a violation of the securities laws or regulations of any such jurisdiction. Winterflood Securities Limited, which is authorised and regulated by the Financial Conduct Authority, is acting only for the Company in connection with the matters described in this announcement and is not acting for or advising any other person, or treating any other person as its client, in relation thereto and will not be responsible for providing the regulatory protection afforded to clients of Winterflood Securities Limited or advice to any other person in relation to the matters contained herein.

None of BlackRock Investment Management (UK) Limited, BlackRock Fund Managers Limited or Winterflood Securities Limited, or any of their respective affiliates, accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or for any loss howsoever arising from any use of the announcement or its contents. BlackRock Investment Management (UK) Limited, BlackRock Fund Managers Limited, Winterflood Securities Limited, and their respective affiliates,  accordingly disclaim all and any liability whether arising in tort, contract or otherwise which they might otherwise have in respect of this announcement or its contents or otherwise arising in connection therewith.

No offer or invitation to subscribe for or acquire shares in the Company is being made by or in connection with this announcement.

This announcement does not constitute and may not be construed as, an invitation to purchase, investments of any description, or a recommendation regarding the issue or the provision of investment advice by any party. No information set out in this announcement or referred to in other written or oral form is intended to form the basis of any contract of sale, investment decision or any decision to purchase shares in the Company.

This announcement is for information purposes only and does not constitute a financial promotion, marketing communication or an offer or invitation to anyone to invest and/or acquire shares in the Company. This has also not been prepared in connection with any such offer. Accordingly, this announcement does not constitute an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not lawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. It is your responsibility to be aware of the applicable laws and regulations of your country of residence.

Winterflood Securities Limited, BlackRock Investment Management (UK) Limited and BlackRock Fund Managers Limited are authorised and regulated in the United Kingdom by the Financial Conduct Authority.