2nd Dec 2024 07:00
BlackRock Energy and Resources Income Trust Plc - Change to Investment Management FeeBlackRock Energy and Resources Income Trust Plc - Change to Investment Management Fee
PR Newswire
LONDON, United Kingdom, December 02
BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC
(LEI:54930040ALEAVPMMDC31)CHANGE TO INVESTMENT MANAGEMENT FEE
2 December 2024The Board of BlackRock Energy and Resources Income Trust plc (the ‘Company’) is pleased to announce that with effect from 1 December 2024, the Company is entitled to a rebate from the investment management fee charged by the Manager in the event the Company’s ongoing charges exceed the cap of 1.15% per annum of average daily net assets. The value of the rebate will be an amount which is sufficient to ensure the Company’s ongoing charges are capped at 1.15%.
Enquiries:Graham Venables BlackRock Investment Management (UK) LimitedSecretaryTelephone: 0203 649 3432
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