BRNE Blackrock New A

 
TIDMBRNE TIDMBRNS 
 
BlackRock New Energy Investment Trust plc: Elections under Scheme 
 
Further to the proposals for the reconstruction and winding up of the Company 
contained in the circular dated 19 December 2013, the deadline for receipt of 
Forms of Election has now passed. Valid elections for New Energy Fund Shares 
were received in respect of Ordinary Shares with an aggregate value of less 
than GBP5m, therefore such Elections are deemed to be elections for the Cash 
Option in accordance with the terms of the Scheme. Accordingly, elections for 
cash were made, or deemed to have been made, in respect of all 235,000,192 of 
the Company's Ordinary Shares. 
 
Reclassification of Shares 
 
As a result of the elections referred to above, 235,000,192 Ordinary Shares 
will be reclassified as Shares with A Rights and no Shares will be reclassified 
as Shares with B Rights. 
 
Application has been made to the UK Listing Authority and the London Stock 
Exchange for the listing in respect of the Shares to be amended to reflect the 
reclassification of the Shares as Reclassified Shares. It is expected that such 
amendment will become effective and dealings in the Reclassified Shares will 
commence with effect from 8.00 a.m. on 7 February 2014. 
 
Suspension and cancellation of Reclassified Shares and Subscription Shares 
 
It is expected that the listings of the Reclassified Shares and the 
Subscription Shares will be suspended at 7.30 a.m. on 14 February 2014. 
 
The Company has requested, subject to the passing of the resolution to be 
proposed at the Second General Meeting, the cancellation of admission of the 
Reclassified Shares and the Subscription Shares to listing on the Official List 
and to trading on the Main Market. The cancellations are expected to take 
effect at 8.00 a.m. on 17 February 2014. 
 
General 
 
The Scheme remains conditional on the passing of the Resolutions to approve the 
Proposals at the Meetings. The Proposals will not become effective unless the 
Resolutions are passed. 
 
Enquiries 
 
Simon White 
BlackRock Investment Management 
020 7743 5284 
 
Alex Blake 
Winterflood Investment Trusts 
020 3100 0297 
 
Capitalised terms shall bear the meanings given to them in the Company's 
Circular dated 19 December 2013 unless the context otherwise requires. 
 
4 February 2014 
 
 
 
END 
 

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