NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 13 January 2025 were:

215.99p Capital only (undiluted) 221.70p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 13th January 2025, the Company has 19,538,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BlackRock Income and Growth Investment Trust plc (‘the Company’)LEI – 5493003YBY59H9EJLJ16

 

Transaction in own shares

 

In accordance with Listing Rule 12.4.6, the Company announces today it has purchased the following number of its ordinary shares of 1 pence each on the London Stock Exchange through J.P.Morgan Securities Limited.

 

Ordinary Shares:

 

Date of purchase:

13 January 2025

Number of ordinary shares purchased:

10,000

Lowest price per share:

194.00p

Highest price per share:

194.00p

Trading venue:

J.P.Morgan Securities Limited

Aggregate volume per date per trading venue:

10,000

Weighted average price per day per trading venue:

194.00p

 

The Company intends for the purchased shares to be cancelled.

 

Following the above transaction, the Company holds 10,081,532 of its ordinary shares in treasury and has 19,538,723 ordinary shares in issue (excluding treasury shares).

 

In conformity with the FCA’s Disclosure Guidance and Transparency Rules (the “Rules”) provision 5.5.1 the Company announces that shares held in treasury do not carry any voting rights; 34.04% of the Company’s total issued share capital (29,620,255 Ordinary Shares, including treasury shares) is currently held in treasury.For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and, with effect from 15 January 2025, should use the figure of 19,538,723 when determining if they are required to notify their interest in, or a change to their interest in the Company.

 

All enquiries:

Kevin MaygerCompany SecretaryBlackRock Investment Management (UK) LimitedTel:  0207 743 1098 

13 January 2025

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 10 January 2025 were:

216.71p Capital only (undiluted)222.43p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 9th January 2025, the Company has 19,548,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC ("the Company")LEI - 5493003YBY59H9EJLJ16

Voting Rights and CapitalIn conformity with the FCA's Disclosure Guidance and Transparency Rules (the "Rules") provision 5.6.1, the Company would like to notify the market that as at 13 January 2025 its issued share capital consisted of 19,548,723 Ordinary Shares of 1 pence each (excluding shares held in treasury), carrying one vote per share. As at 13 January 2025, the Company held 10,081,532 Ordinary Shares in treasury (34.02% of the Company's total issued share capital including treasury shares).Shareholders should use 19,548,723 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Rules.All enquiries:

 

Kevin Mayger

Company Secretary

BlackRock Investment Management (UK) Limited

Tel: 0207 743 1098

 

13 January 2025

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC ("the Company")LEI - 5493003YBY59H9EJLJ16

Voting Rights and CapitalIn conformity with the FCA's Disclosure Guidance and Transparency Rules (the "Rules") provision 5.6.1, the Company would like to notify the market that as at 10 January 2025 its issued share capital consisted of 19,558,723 Ordinary Shares of 1 pence each (excluding shares held in treasury), carrying one vote per share. As at 10 January 2025, the Company held 10,081,532 Ordinary Shares in treasury (34.01% of the Company's total issued share capital including treasury shares).Shareholders should use 19,558,723 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Rules.All enquiries:

 

Kevin Mayger

Company Secretary

BlackRock Investment Management (UK) Limited

Tel: 0207 743 1098

 

10 January 2025

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 8 January 2025 were:

216.96p Capital only (undiluted) 222.69p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 8th January 2025, the Company has 19,558,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC ("the Company")LEI - 5493003YBY59H9EJLJ16

Voting Rights and CapitalIn conformity with the FCA's Disclosure Guidance and Transparency Rules (the "Rules") provision 5.6.1, the Company would like to notify the market that as at 09 January 2025 its issued share capital consisted of 19,568,723 Ordinary Shares of 1 pence each (excluding shares held in treasury), carrying one vote per share. As at 09 January 2025, the Company held 10,081,532 Ordinary Shares in treasury (34% of the Company's total issued share capital including treasury shares).Shareholders should use 19,568,723 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Rules.All enquiries:

 

Kevin Mayger

Company Secretary

BlackRock Investment Management (UK) Limited

Tel: 0207 743 1098

 

09 January 2025

BlackRock Income and Growth Investment Trust plc (‘the Company’)LEI – 5493003YBY59H9EJLJ16

 

Transaction in own shares

 

In accordance with Listing Rule 12.4.6, the Company announces today it has purchased the following number of its ordinary shares of 1 pence each on the London Stock Exchange through J.P.Morgan Securities Limited.

 

Ordinary Shares:

 

Date of purchase:

08 January 2025

Number of ordinary shares purchased:

10,000

Lowest price per share:

192.00p

Highest price per share:

192.00p

Trading venue:

J.P.Morgan Securities Limited

Aggregate volume per date per trading venue:

10,000

Weighted average price per day per trading venue:

192.00p

 

The Company intends for the purchased shares to be cancelled.

 

Following the above transaction, the Company holds 10,081,532 of its ordinary shares in treasury and has 19,558,723 ordinary shares in issue (excluding treasury shares).

 

In conformity with the FCA’s Disclosure Guidance and Transparency Rules (the “Rules”) provision 5.5.1 the Company announces that shares held in treasury do not carry any voting rights; 34.01% of the Company’s total issued share capital (29,640,255 Ordinary Shares, including treasury shares) is currently held in treasury.For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and, with effect from 10 January 2025, should use the figure of 19,558,723 when determining if they are required to notify their interest in, or a change to their interest in the Company.

 

All enquiries:

Kevin MaygerCompany SecretaryBlackRock Investment Management (UK) LimitedTel:  0207 743 1098 

08 January 2025

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 7 January 2025 were:

217.72p Capital only (undiluted)223.45p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 7th January 2025, the Company has 19,568,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BlackRock Income and Growth Investment Trust plc (‘the Company’)LEI – 5493003YBY59H9EJLJ16

 

Transaction in own shares

 

In accordance with Listing Rule 12.4.6, the Company announces today it has purchased the following number of its ordinary shares of 1 pence each on the London Stock Exchange through J.P.Morgan Securities Limited.

 

Ordinary Shares:

 

Date of purchase:

07 January 2025

Number of ordinary shares purchased:

10,000

Lowest price per share:

192.00p

Highest price per share:

192.00p

Trading venue:

J.P.Morgan Securities Limited

Aggregate volume per date per trading venue:

10,000

Weighted average price per day per trading venue:

192.00p

 

The Company intends for the purchased shares to be cancelled.

 

Following the above transaction, the Company holds 10,081,532 of its ordinary shares in treasury and has 19,568,723 ordinary shares in issue (excluding treasury shares).

 

In conformity with the FCA’s Disclosure Guidance and Transparency Rules (the “Rules”) provision 5.5.1 the Company announces that shares held in treasury do not carry any voting rights; 34% of the Company’s total issued share capital (29,650,255 Ordinary Shares, including treasury shares) is currently held in treasury.For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and, with effect from 09 January 2025, should use the figure of 19,568,723 when determining if they are required to notify their interest in, or a change to their interest in the Company.

 

All enquiries:

Kevin MaygerCompany SecretaryBlackRock Investment Management (UK) LimitedTel:  0207 743 1098 

07 January 2025

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 6 January 2025 were:

218.28p Capital only (undiluted)224.01p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 31st December 2024, the Company has 19,578,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BlackRock Income and Growth Investment Trust plc

LEI: 5493003YBY59H9EJLJ16

Annual Report and Financial Statements 31 October 2024

Performance record

 

As at  31 October  2024 

As at  31 October  2023 

 

Net assets (£’000)1

43,760 

40,156 

 

Net asset value per ordinary share (pence)

222.22 

194.90 

 

Ordinary share price (mid-market) (pence)

193.50 

178.00 

 

Discount to net asset value2

12.9% 

8.7% 

 

FTSE All-Share Index

9785.37 

8413.70 

 

 

========= 

========= 

 

 

 

For the year  ended  31 October  2024 

For the year  ended  31 October  2023 

 

Performance (with dividends reinvested)

 

 

 

Net asset value per share2

18.1% 

5.2% 

 

Ordinary share price2

13.2% 

8.1% 

 

FTSE All-Share Index

16.3% 

5.9% 

 

 

--------------- 

--------------- 

 

Performance since 1 April 20123 (with dividends reinvested)

 

 

 

Net asset value per share2

137.6% 

101.1% 

 

Ordinary share price2

130.3% 

103.5% 

 

FTSE All-Share Index

132.3% 

99.8% 

 

 

========= 

========= 

 

 

 

For the year  ended  31 October  2024 

For the year  ended  31 October  2023 

Change  % 

Revenue

 

 

 

Net profit on ordinary activities after taxation (£’000)

1,454 

1,367 

+6.4 

Revenue earnings per ordinary share (pence)4

7.20 

6.54 

+10.1 

 

--------------- 

--------------- 

--------------- 

Dividends (pence)

 

 

 

Interim

2.70 

2.60 

+3.8 

Final

4.90 

4.80 

2.1 

 

--------------- 

--------------- 

--------------- 

Total dividends payable/paid

7.60 

7.40 

2.7 

 

========= 

========= 

========= 

 

1 The change in net assets reflects portfolio movements, the purchase of the Company’s own shares and dividends paid during the year.

2 Alternative Performance Measures, see Glossary in the Company’s Annual Report for the year ended 31 October 2024.

3 Since BlackRock’s appointment as Investment Manager on 1 April 2012.

4 Further details are given in the Glossary in the Company’s Annual Report for the year ended 31 October 2024.

Chairman’s statement

PerformanceDuring the year the Company’s Net Asset Value (NAV) per share returned 18.1%. By comparison, the Company’s Benchmark Index, the FTSE All-Share Index, returned 16.3%. At the share price level however, the Company returned 13.2% over the period as our discount widened from 8.7% at the start of the year to 12.9% as at 31 October 2024 (all percentages in Sterling terms with dividends reinvested).

As at 2 January 2025, since the year end the Company’s NAV and share price have increased by 1.1% and 1.3%, respectively (all percentages are in Pound Sterling with dividends reinvested) and the Company's discount was 12.8%.

Further details of the key contributors and detractors from performance, and the portfolio managers’ views on the outlook for the forthcoming year, can be found in their report which follows.

Revenue earnings and dividendsI am pleased to report that despite market volatility the Company’s earnings remain resilient, with revenue earnings per share for the year ended 31 October 2024 of 7.20 pence compared with 6.54 pence for the previous year. The Directors are mindful of shareholders’ desire for income in addition to capital growth and believe the Company’s dividend is greatly valued by shareholders. The Board is therefore proposing a final dividend per share of 4.90 pence (2023: 4.80 pence) giving total dividends for the year of 7.60 pence per share. Subject to approval at the Annual General Meeting, the final dividend will be paid on 14 March 2025 to shareholders on the Company’s register at the close of business on 7 February 2025 (ex-dividend date is 6 February 2025). This final dividend, combined with an interim dividend of 2.70 pence per share (2023: 2.60 pence) paid to shareholders on 3 September 2024, gives a total dividend for the year of 7.60 pence, resulting in a yield of 3.9% based on a share price of 193.50 pence as at 31 October 2024.

One of the benefits of the Company’s investment trust structure is that it can retain up to 15% of total revenue each year to build up reserves which may be carried forward and used to pay dividends during leaner times. As at 31 October 2024 the Company held £2,063,000 in revenue reserve, equivalent to 10.48 pence per share before the payment of final dividend of 4.90 pence for the year ended 31 October 2024. The Board’s existing authority to buy back up to 14.99% of the Company’s issued share capital (excluding treasury shares) will expire at the conclusion of the 2025 Annual General Meeting and a resolution will be put to shareholders to renew the authority at that meeting. Currently, ordinary shares representing up to 33% of the Company’s issued ordinary share capital can be allotted as new ordinary shares or sold from treasury and the Board will also seek to renew this power.

Policy on share price discountThe Directors recognise that the discount to NAV at which the Company's shares trade is an important factor to investors and have therefore sought to use the Company’s share buy back powers to seek to ensure that the share price does not differ excessively from the underlying NAV.

In using these powers during the year, a total of 910,874 ordinary shares were purchased at an average price of 187.62 pence per share, for a total consideration (including costs) of £1,709,000 and at an average discount of 13.7%. All ordinary shares bought back were cancelled. The average discount for the year to 31 October 2024 was 12.2% and the discount at the year end was 12.9%. To put this in context, the average discount for the investment company sector as a whole has widened substantially this year and exceeded 15.2% as at 31 October 2024.

The Board’s existing authority to buy back up to 14.99% of the Company’s issued share capital (excluding treasury shares) will expire at the conclusion of the 2025 Annual General Meeting and a resolution will be put to shareholders to renew the authority at that meeting. Currently, ordinary shares representing up to 33% of the Company’s issued ordinary share capital can be allotted as new ordinary shares or sold from treasury and the Board will also seek to renew this power.

GearingOne of the advantages of the investment trust structure is that the Company can use gearing with the objective of increasing portfolio returns. The Company operates a flexible gearing policy which depends on prevailing market conditions and is subject to a maximum level of 20% of net assets at the time of investment. Net gearing during the financial year did not exceed such level. As at 31 October 2024, net gearing stood at 3.1%. At the year end, the Company had a borrowing facility in place of up to £8 million, provided by The Bank of New York Mellon (International) Limited. As at the date of this report it is drawn down by £4 million. Subsequent to the year end, the facility was renewed for a further period of two years to 18 December 2026.

Board compositionAt the date of this report the Board consists of four independent Non-executive Directors, with two of the current Directors having been appointed since 2019. Following a search to identify a new Non-executive Director during the year, the Board was pleased to announce the appointment of Chrysoula Zervoudakis. Chrysoula brings valuable asset management expertise from her 28-year executive career during which she invested in both UK and European equities. Her appointment both strengthens and complements the skills of the existing Board. Chrysoula will stand for election by shareholders at the forthcoming AGM. Her full biography can be found in the Company’s Annual Report for the year ended 31 October 2024.

In accordance with best practice and good corporate governance, the Directors continue to submit themselves for annual re-election. However, Nicholas Gold has advised the Board that he has decided to step down from the Board at the conclusion of the forthcoming Annual General Meeting. On behalf of the Board, I would like to take this opportunity to thank Nicholas for giving the Company the benefit of his experience and his wise counsel. We also acknowledge his leadership of the Company’s audit committee, a role he has discharged with great diligence and expertise throughout his tenure. We wish him well for the future.

The Board has a succession plan in place and will continue to appraise regularly its composition to ensure that a suitable balance of skills, knowledge, experience, independence and diversity is achieved to enable the Board to discharge its duties effectively. The appointment of Chrysoula Zervoudakis represents the fulfilment of one element of that plan and a process is also underway to identify a suitable individual to replace Nicholas Gold. Once complete, the Board will announce his successor.

Further informa

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 3 January 2025 were:

218.28p Capital only (undiluted)223.65p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 31st December 2024, the Company has 19,578,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 2 January 2025 were:

219.22p Capital only (undiluted) 224.60p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 31st December 2024, the Company has 19,578,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC ("the Company")LEI - 5493003YBY59H9EJLJ16

Voting Rights and CapitalIn conformity with the FCA's Disclosure Guidance and Transparency Rules (the "Rules") provision 5.6.1, the Company would like to notify the market that as at 03 January 2025 its issued share capital consisted of 19,578,723 Ordinary Shares of 1 pence each (excluding shares held in treasury), carrying one vote per share. As at 03 January 2025, the Company held 10,081,532 Ordinary Shares in treasury (33.99% of the Company's total issued share capital including treasury shares).Shareholders should use 19,578,723 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Rules.All enquiries:

 

Kevin Mayger

Company Secretary

BlackRock Investment Management (UK) Limited

Tel: 0207 743 1098

 

03 January 2025

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 31 December 2024 were:

217.49p Capital only (undiluted) 222.82p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 10,000 ordinary shares on 31st December 2024, the Company has 19,578,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC ("the Company")LEI - 5493003YBY59H9EJLJ16

Voting Rights and CapitalIn conformity with the FCA's Disclosure Guidance and Transparency Rules (the "Rules") provision 5.6.1, the Company would like to notify the market that as at 02 January 2025 its issued share capital consisted of 19,588,723 Ordinary Shares of 1 pence each (excluding shares held in treasury), carrying one vote per share. As at 02 January 2025, the Company held 10,081,532 Ordinary Shares in treasury (33.98% of the Company's total issued share capital including treasury shares).Shareholders should use 19,588,723 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Rules.All enquiries:

 

Kevin Mayger

Company Secretary

BlackRock Investment Management (UK) Limited

Tel: 0207 743 1098

 

02 January 2025

BlackRock Income and Growth Investment Trust plc (‘the Company’)LEI – 5493003YBY59H9EJLJ16

 

Transaction in own shares

 

In accordance with Listing Rule 12.4.6, the Company announces today it has purchased the following number of its ordinary shares of 1 pence each on the London Stock Exchange through J.P.Morgan Securities Limited.

 

Ordinary Shares:

 

Date of purchase:

31 December 2024

Number of ordinary shares purchased:

10,000

Lowest price per share:

198.00p

Highest price per share:

198.00p

Trading venue:

J.P.Morgan Securities Limited

Aggregate volume per date per trading venue:

10,000

Weighted average price per day per trading venue:

198.00p

 

The Company intends for the purchased shares to be cancelled.

 

Following the above transaction, the Company holds 10,081,532 of its ordinary shares in treasury and has 19,578,723 ordinary shares in issue (excluding treasury shares).

 

In conformity with the FCA’s Disclosure Guidance and Transparency Rules (the “Rules”) provision 5.5.1 the Company announces that shares held in treasury do not carry any voting rights; 33.99% of the Company’s total issued share capital (29,660,255 Ordinary Shares, including treasury shares) is currently held in treasury.For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and, with effect from 03 January 2025, should use the figure of 19,578,723 when determining if they are required to notify their interest in, or a change to their interest in the Company.

 

All enquiries:

Kevin MaygerCompany SecretaryBlackRock Investment Management (UK) LimitedTel:  0207 743 1098 

31 December 2024

NET ASSET VALUE

BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC5493003YBY59H9EJLJ16

The unaudited net asset values for BlackRock Income and Growth Investment Trust PLC at close of business on 30 December 2024 were:

216.01p Capital only (undiluted) 221.34p Including current year income (undiluted)

Notes:

1.        Following the buyback cancellation of 2,500 ordinary shares on 30th December 2024, the Company has 19,588,723 Ordinary Shares in issue, excluding 10,081,532 shares held in Treasury.

2.        Investments have been valued on a bid price basis, except for the holding in Patisserie Valerie which has now been written down to nil following confirmation the company has gone into administration.

3.        Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

BlackRock Income and Growth Investment Trust plc (‘the Company’)LEI – 5493003YBY59H9EJLJ16

 

Transaction in own shares

 

In accordance with Listing Rule 12.4.6, the Company announces today it has purchased the following number of its ordinary shares of 1 pence each on the London Stock Exchange through J.P.Morgan Securities Limited.

 

Ordinary Shares:

 

Date of purchase:

30 December 2024

Number of ordinary shares purchased:

2,500

Lowest price per share:

192.00p

Highest price per share:

192.00p

Trading venue:

J.P.Morgan Securities Limited

Aggregate volume per date per trading venue:

2,500

Weighted average price per day per trading venue:

192.00p

 

The Company intends for the purchased shares to be cancelled.

 

Following the above transaction, the Company holds 10,081,532 of its ordinary shares in treasury and has 19,588,723 ordinary shares in issue (excluding treasury shares).

 

In conformity with the FCA’s Disclosure Guidance and Transparency Rules (the “Rules”) provision 5.5.1 the Company announces that shares held in treasury do not carry any voting rights; 33.98% of the Company’s total issued share capital (29,670,255 Ordinary Shares, including treasury shares) is currently held in treasury.For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and, with effect from 02 January 2025, should use the figure of 19,588,723 when determining if they are required to notify their interest in, or a change to their interest in the Company.

 

All enquiries:

Kevin MaygerCompany SecretaryBlackRock Investment Management (UK) LimitedTel:  0207 743 1098 

30 December 2024