BlackRock Income and Growth Investment Trust Plc - CORRECTION: Strategic Review
· Issued by Big Technologies Plc
Correction: The contact email for J.P.Morgan Cazenove was incorrectly stated in
the RNS released at 7.00 a.m. today. This has now been corrected. All other
information remains the same.
BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC
Strategic Review
The Board of BlackRock Income and Growth Investment Trust plc (the "Company")
has considered the Company's ongoing challenges with size, liquidity, and
operating costs in the context of the evolving Investment Trust industry. After
consultation with BlackRock Investment Management UK Limited ("BlackRock"), the
Company's manager, the Board has initiated a review with the objective of
identifying a more sustainable and competitive future strategy for the Company
to address those challenges whilst maximising value for all shareholders over
the long term.
Accordingly, the Board is inviting proposals for the future strategy of the
Company.
Whilst the Company's current investment focus is UK equities, the Board is open
to receiving proposals (including corporate solutions) that do not maintain a UK
-only focus.
Interested parties should contact J.P. Morgan Cazenove for further information
(contact details below).
The Board is grateful for BlackRock's ongoing support and notes that BlackRock
will continue to manage the Company as it has done to date.
Enquiries:
J.P. Morgan Cazenove
William Simmonds, Rupert Budge Tel: +44 (0) 203 493 8000
Email:BRIG_JPMC@jpmorgan.com
Lansons Communications
Ed Hooper
Tel: 020 7294 3620
Email: BlackRockInvestmentTrusts@lansons.com
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