Holding(s) in Company

BLACKROCK EMERGING EUROPE PLC - Holding(s) in Company

PR Newswire

London, March 29

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES(1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): BlackRock Emerging Europe 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 qualifying 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: ( )Other (please specify): ( )(3). Full name of person(s) subject to the notification obligation (iii): ADVANCE DEVELOPING MARKETS FUND LTD(4). Full name of shareholder(s) (if different from 3.) (iv): NORTRUST NOMINEES LIMITED (5). Date of the transaction and date on which the threshold is crossed or reached (v): 24 March 2016(6). Date on which issuer notified: 29 March 2016(7). Threshold(s) that is/are crossed or reached (vi, vii): Greater than 11%(8). Notified details:A: Voting rights attached to shares (viii, ix)Class/type of shares (if possible using the ISIN code): GB00B0BN1P96Situation previous to the triggering transaction: Number of Shares: 3,971,323 Number of Voting rights: 3,971,323Resulting situation after the triggering transaction: Number of shares: Direct: 3,988,417 Number of voting rights: Direct (xi): 3,988,417 Indirect (xii): n/a% of voting rights (x): Direct: 11.02% Indirect: n/aB. Qualifying Financial InstrumentsResulting situation after the triggering transaction:Type of financial instrument: Subscription SharesExpiration date (xiii): Exercise/Conversion Period (xiv): Number of voting rights that may be acquired if the instrument is exercised/converted: % of voting rights: C. Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv, xvi)Resulting situation after the triggering transaction:Type of financial instrument: NilExercise 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: 3,988,417% of voting rights: 11.02%(9). Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi):n/aProxy Voting:(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: 

Aberdeen Emerging Capital Ltd is investment manager to Advance Developing Markets Fund Ltd(14). Contact name: Barbara Powley

(15). Contact telephone number: 020 7743 561029 March 2016