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BlackRock Greater Europe Investment Trust (BRGE) Ord 0.1p Shares

Sell:326.00p Buy:330.00p 0 Change: 1.63p (0.50%)
Market closed Prices as at close on 11 December 2017 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

BlackRock Greater Europe Investment Trust Ord 0.1p Shares

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 10 Nov 2017)

BlackRock Greater Europe Investment Trust has announced details of a Tender Offer. You have two options to consider before our noon Monday 27 November 2017 deadline.

 

The Tender Offer enables holders to tender up to 20% of Shares held. Each Shareholder therefore has a Basic Entitlement to tender (i.e. elect to sell) 20% of Shares as at close of business on 21 November 2017. You are able to elect to tender any number of Shares. However, tenders made in excess of your Basic Entitlement will only be accepted to the extent that other Shareholders tender less than their Basic Entitlement. Such tenders may therefore be subject to pro rata scaling back. The Tender Offer Price will be equal to 98% of the Net Asset Value per Share as at the Calculation Date.

 

What are my options?

 

Option 1 – Tender a number of Ordinary Shares. If you wish to tender a number of Shares please give us your instruction by noon Monday 27 November 2017, at which point any tendered Shares will be removed from your portfolio.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Should you have any queries relating to this Offer please contact us on 0117 900 9000. Please note that any instruction you give must be based on the full details provided in the correspondence sent and not on the summary information outlined above.

×
Sell:326.00p
Buy:330.00p
Change: 1.63p (0.50%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 11 December 2017 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

BlackRock Greater Europe Investment Trust Ord 0.1p Shares

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 10 Nov 2017)

BlackRock Greater Europe Investment Trust has announced details of a Tender Offer. You have two options to consider before our noon Monday 27 November 2017 deadline.

 

The Tender Offer enables holders to tender up to 20% of Shares held. Each Shareholder therefore has a Basic Entitlement to tender (i.e. elect to sell) 20% of Shares as at close of business on 21 November 2017. You are able to elect to tender any number of Shares. However, tenders made in excess of your Basic Entitlement will only be accepted to the extent that other Shareholders tender less than their Basic Entitlement. Such tenders may therefore be subject to pro rata scaling back. The Tender Offer Price will be equal to 98% of the Net Asset Value per Share as at the Calculation Date.

 

What are my options?

 

Option 1 – Tender a number of Ordinary Shares. If you wish to tender a number of Shares please give us your instruction by noon Monday 27 November 2017, at which point any tendered Shares will be removed from your portfolio.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Should you have any queries relating to this Offer please contact us on 0117 900 9000. Please note that any instruction you give must be based on the full details provided in the correspondence sent and not on the summary information outlined above.

×
Sell:326.00p
Buy:330.00p
Change: 1.63p (0.50%)
Market closed Prices as at close on 11 December 2017 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

BlackRock Greater Europe Investment Trust Ord 0.1p Shares

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 10 Nov 2017)

BlackRock Greater Europe Investment Trust has announced details of a Tender Offer. You have two options to consider before our noon Monday 27 November 2017 deadline.

 

The Tender Offer enables holders to tender up to 20% of Shares held. Each Shareholder therefore has a Basic Entitlement to tender (i.e. elect to sell) 20% of Shares as at close of business on 21 November 2017. You are able to elect to tender any number of Shares. However, tenders made in excess of your Basic Entitlement will only be accepted to the extent that other Shareholders tender less than their Basic Entitlement. Such tenders may therefore be subject to pro rata scaling back. The Tender Offer Price will be equal to 98% of the Net Asset Value per Share as at the Calculation Date.

 

What are my options?

 

Option 1 – Tender a number of Ordinary Shares. If you wish to tender a number of Shares please give us your instruction by noon Monday 27 November 2017, at which point any tendered Shares will be removed from your portfolio.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Should you have any queries relating to this Offer please contact us on 0117 900 9000. Please note that any instruction you give must be based on the full details provided in the correspondence sent and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
330.00p
Trade high:
330.00p
Year high:
346.00p
Estimated NAV:
341.28
Previous close:
327.63p
Trade low:
326.00p
Year low:
268.00p
Premium/Discount:
-4.70%
Previous:
2.38p (0.73%)
Previous:
2.38p
Volume:
18,723
Dividend yield:
1.67%
Currency:
GBX
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
BLACKROCK GREAT performance chart

Premium/Discount

BLACKROCK GREAT performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 3% 1 year 1Y 22.71%
1 month 1M 3.92% 2 years 2Y 32.91%
3 months 3M 0.11% 3 years 3Y 43.07%
6 months 6M 1.91% 5 years 5Y 69.75%

Performance figures are based on the previous close price. Past performance is not an indication of future performance.

Trust Basics

Benchmark: FTSE World Europe ex.UK TR EUR
Annual management charge: 0.85% of Net Assets
Performance fee: No
Ongoing charge: 1.10%
Dividend yield: 1.67%
Dividend frequency: Annually
Total assets: £303m
Gross gearing: 102%
Market capitalisation:Market cap.: £289m
Shares in issue: 95.30 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00B01RDH75

Recent dividends paid or declared by BlackRock Greater Europe Investment Trust:

Type Ex-div date Payment date Amount
Final 02/11/2017 08/12/2017 3.70p
Interim 04/05/2017 26/05/2017 1.75p
Final 03/11/2016 05/12/2016 3.65p
Interim 28/04/2016 27/05/2016 1.65p
Final 05/11/2015 18/12/2015 3.35p

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual BlackRock Greater Europe Investment Trust dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
31/08/2017 1.70% 0.98 5.45p
31/08/2016 1.90% 1.06 5.30p
31/08/2015 2.00% 1.06 5.00p
31/08/2014 2.10% 0.98 4.70p
31/08/2013 2.00% 1.40 5.50p

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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More about the Fund & Share Account

Important Documents

There are no documents available for this stock.

Objective

To achieve capital growth, through investments in a focused portfolio constructed from a combination of the securities of large, mid and small capitalisation European companies, together with some investments in the developing markets of Europe. The Company will also have the flexibility to invest in any country included in the FTSE World Europe ex UK index, as well as the freedom to invest in developing countries not included in the Index but considered by the Manager and the Directors as part of greater Europe. The portfolio should consist of approximately 30-70 securities and the majority of the portfolio will be invested in larger cap companies, being companies with a market cap of over 5 billion euro. Up to 25% may be invested in companies in developing Europe with the flexibility to invest up to 5% of the portfolio in unquoted investments. However, overall exposure to developing European companies and unquoted investments together will not exceed 25% of the company’s portfolio.

NET ASSET VALUE (NAV)

Estimated NAV: 341.28
Latest actual NAV: 341.63
Latest actual NAV date: 7 December 2017
Premium/Discount: -4.70%
12m average Premium/Discount: -4.45%
NAV frequency: Daily
Time / date Time Buy / sell Type Volume Price Value
11:49 - 11/12 11:49
11/12
Sell 1500 327.96p £4,919.40
10:02 - 11/12 10:02
11/12
Sell 681 327.96p £2,233.41
09:58 - 11/12 09:58
11/12
Sell 3304 327.96p £10,835.80
09:24 - 11/12 09:24
11/12
Sell 7376 326.44p £24,078.21
09:01 - 11/12 09:01
11/12
Sell 1475 327.20p £4,826.20

Trades priced above mid-price at the time a trade is placed are assumed buys, those priced below are assumed sells. Trades priced close to mid-price or declared late are shown N/A. This is not a recommendation. More information.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’.

Sector Weight
Industrials 24.36%
Consumer Cyclical 16.47%
Healthcare 16.31%
Technology 13.78%
Basic Materials 12.01%
Financial Services 8.10%
Consumer Defensive 7.13%
Energy 4.78%
Communication Services 2.97%
Country Weight
Switzerland 16.66%
France 16.22%
Denmark 13.80%
Germany 12.88%
Netherlands 12.34%
Sweden 8.97%
Belgium 5.73%
Russia 4.78%
Finland 3.64%
Spain 3.32%

Key Dates

Launch date: 20 September 2004
Financial year end: August
Next AGM: November 2018
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.