PR Newswire
London, March 20
BLACKROCK FRONTIERS INVESTMENT TRUST PLC - LEI: 5493003K5E043LHLO706
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (Article 12 Transparency Directive, DTR 5.1 and DTR 5.3)
(1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
BlackRock Frontiers Investment Trust PLC
(2). Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: ( )
An event changing the breakdown of voting rights: ( X )
Other (please specify): ( )
(3). Full name of person(s) subject to the notification obligation (iii):
BlackRock, Inc.
(4). Full name of shareholder(s) (if different from 3.) (iv):
(5). Date of the transaction and date on which the threshold is crossed or reached (v):
17 March 2017
(6). Date on which issuer notified:
20 March 2017
(7). Threshold(s) that is/are crossed or reached:
Voting rights attached to shares holding for BlackRock, Inc. has gone below 21%.
(8). Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type of shares (if possible using the ISIN code): Ordinary Shares: GB00B3SXM832
Situation previous to the triggering transaction:
Number of Shares: 35,695,634
Number of Voting rights: 35,695,634
Resulting situation after the triggering transaction:
Number of shares:
Direct: N/A
Number of voting rights:
Direct (xi): N/A
Indirect (xii): 35,546,788
% of voting rights (x):
Direct: N/A
Indirect: 20.99%
B. Qualifying Financial Instruments
Resulting situation after the triggering transaction:
Type of financial instrument: Securities Lending
Expiration date (xiii):
Exercise/Conversion Period (xiv):
Number of voting rights that may be acquired if the instrument is exercised/converted: 331,468
% of voting rights: 0.19%
C. Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction:
Type of financial instrument:
Exercise price:
Expiration date (xvii):
Exercise/Conversion period (xviii):
Number of voting rights instrument refers to:
% of voting rights (xix, xx):
Nominal:
Delta:
Total (A + B + C):
Number of voting rights: 35,878,256
% of voting rights: 21.18%
(9). Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi): See Annex
See annex 1
(10). Name of the proxy holder:
N/A
(11). Number of voting rights proxy holder will cease to hold:
N/A
(12). Date on which proxy holder will cease to hold voting rights:
N/A
(13). Additional information:
N/A
(14). Contact name:
Mr K Mayger
For BlackRock Investment Management (UK) Limited
Company Secretary
(15). Contact telephone number:
020 7743 1098
20 March 2017
Annex 1
| Name | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| BlackRock, Inc. | |||
| BlackRock Holdco 2, Inc. | |||
| BlackRock Financial Management, Inc. | |||
| BlackRock International Holdings, Inc. | |||
| BR Jersey International Holdings L.P. | |||
| BlackRock Group Limited | |||
| BlackRock Investment Management (UK) Limited | 19.90% | 0.16% | 20.07% |
| BlackRock, Inc. | |||
| BlackRock Holdco 2, Inc. | |||
| BlackRock Financial Management, Inc. | |||
| BlackRock International Holdings, Inc. | |||
| BR Jersey International Holdings L.P. | |||
| BlackRock Group Limited | |||
| BlackRock Advisors (UK) Limited | |||
