BlackRock Greater Europe Investment Trust plc (BRGE) has announced the purchase of 12,521 of its Ordinary Shares at an average price of 557.70 pence per share, to be held in treasury. The transaction, disclosed on 6 November 2026, will settle on 10 November 2026, after which the company's voting share capital will stand at 88,600,170 Ordinary Shares. The buyback increases the proportion of shares held in treasury to 24.87% of total issued share capital, a figure investors and regulatory reporters will need to note when assessing disclosure thresholds.

Key Points

  • BlackRock Greater Europe Investment Trust plc (BRGE)
  • The company purchased 12,521 Ordinary Shares at an average price of 557.70 pence per share to be held in treasury
  • Following settlement on 10 November 2026, voting share capital will be 88,600,170 shares; 29,328,768 shares will be held in treasury, representing 24.87% of total issued share capital
  • Investors should use the post-settlement figure of 88,600,170 for FCA Disclosure Guidance and Transparency Rules reporting purposes

BRGE Purchases 12,521 Ordinary Shares at Average 557.70p to Be Held in Treasury

BlackRock Greater Europe Investment Trust plc announced on 6 November 2026 that it had purchased 12,521 of its Ordinary Shares at an average price of 557.70 pence per share. The shares are to be held in treasury rather than cancelled, a common mechanism used by investment trusts to manage share issuance and discount control. BlackRock Greater Europe Investment Trust is managed by BlackRock Investment Management (UK) Limited and focuses on investment across the broader European equity market. The company's LEI is 5493003R8FJ6I76ZUW55, as disclosed in the announcement.

Post-Settlement Voting Capital Falls to 88,600,170 Shares After Treasury Transfer

Following settlement of this purchase, expected on 10 November 2026, the company's issued share capital excluding treasury shares will be 88,600,170 Ordinary Shares. The total issued share capital, including treasury shares, stands at 117,928,938 Ordinary Shares. Of this total, 29,328,768 shares will be held in treasury after settlement. Treasury shares carry no voting rights, meaning the effective voting pool is reduced accordingly. This distinction is material for shareholders and institutional investors monitoring their proportional voting interest in the trust.

Treasury Shares Reach 24.87% of Total Issued Capital — FCA Reporting Figure Confirmed

Following settlement, treasury shares will represent 24.87% of BlackRock Greater Europe Investment Trust's total issued share capital of 117,928,938 Ordinary Shares. Under the FCA's Disclosure Guidance and Transparency Rules, market participants are required to exclude treasury shares when calculating notifiable interests. The company has confirmed that the relevant figure for such reporting purposes, post-settlement, is 88,600,170 Ordinary Shares. Investors and fund managers with holdings in BRGE should update their internal records to reflect this revised capital figure when assessing whether disclosure obligations under applicable rules are triggered.

BlackRock Investment Management (UK) Acts as Manager for the European-Focused Trust

The company secretary for BlackRock Greater Europe Investment Trust is Lucy Dina, based at BlackRock Investment Management (UK) Limited, which serves as the trust's manager. The trust focuses on European equity markets, providing investors with exposure to companies operating across Greater Europe. Share buybacks of this nature are a standard tool for closed-ended investment trusts seeking to manage any discount between the net asset value and the market price of their shares. The company did not disclose any broader strategic guidance or financial performance metrics in this announcement.