Re-Issue : Statement re Tender Price

Please be advised that this announcement is a re-issue of the one published at 16:45 today.
The published headline of the announcement has been amended to give clarity. The annoucnement 
text below remains unchanged.

Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan

2 June 2015

 

                 BlackRock Greater Europe Investment Trust plc                 

                                 Tender Price                                  

Background

The Company offered to repurchase up to 20 per cent of its issued Ordinary
Shares excluding treasury shares (105,743,866).

The Tender Offer was undersubscribed and 1,454,802 Ordinary Shares (1.38% of
the issued Ordinary Shares excluding treasury shares) were tendered. The Tender
will be satisfied in full.

Tender Price

The Tender Price calculated as at close of business on 1 June 2015 (the
"Calculation Date") was 256.66 pence per Ordinary Share.

Payments to Shareholders by cheque, in the case of certificated holders, will
be made in pounds sterling and are expected to be paid on or as soon as
practicable after 8 June 2015.

Payments through CREST, in the case of uncertificated holders, will be made in
pounds sterling and are expected to be paid on or as soon as practicable after
8 June 2015.

Balancing share certificates will be despatched and CREST accounts will be
settled on or as soon as practicable after 8 June 2015.

Shares in issue

Following implementation of the Tender Offer on 8 June 2015, all Ordinary
Shares tendered will be repurchased by the Company and cancelled. The Company
also announces that 72,755 Ordinary Shares held in Treasury will be cancelled.
Following implementation of the Tender Offer the Company will have 109,777,962
Ordinary Shares in issue, which will include 5,488,898 Ordinary Shares which
are held in Treasury. The number of Ordinary Shares that the Company has in
issue, less the total number of Ordinary Shares held by the Company in
Treasury, will be 104,289,064. The Company also has 20,565,777 Subscription
Shares in issue.

Definitions

Terms defined in the Circular have the same meaning when used herein unless the
context otherwise requires.

Enquiries

 

BlackRock Investment Management (UK) Limited           020 7743 3000                   
Simon White 
Caroline Driscoll                                                                       
                                                                               
Cenkos Securities plc                                  020 7397 8900                   
Will Rogers                                                                    
Sapna Shah                                                                     
                                                                               
                                                                               
Cenkos Securities plc is acting for the Company in connection with the Tender  
Offer and no one else and will not be responsible to anyone other than the     
Company for providing the protections offered to clients of Cenkos Securities  
plc nor for providing advice in relation to the Tender Offer.