NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 20 August 2024 were:

127.65p Capital only128.43p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 150,000 Ordinary shares on 19th August 2024, the Company has 122,594,497 Ordinary Shares in issue, excluding 12,991,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC (the “Company”)

LEI - 54930040ALEAVPMMDC31

 

Voting Rights and Capital (Article 15 Transparency Directive, DTR 5.6)

 

In 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 21 August 2024 its issued capital comprised 135,586,194 ordinary shares of £0.01 each, including 12,991,697 shares held in treasury.

 

Shareholders should therefore use 122,594,497 (being the Company’s issued share capital excluding shares held in treasury) 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:

 

Sarah Beynsberger

Company SecretaryBlackRock Investment Management (UK) LimitedTel: 0203 649 3432

 

21 August 2024

BLACKROCK ENERGY AND RESOURCES INCOME TRUST plc (LEI:54930040ALEAVPMMDC31)

All information is at 31 July 2024 and unaudited.

 

Performance at month end with net income reinvested

 

 

One

Three

Six

One

Three

 

Month

Months

Months

Year

Years

Net asset value

0.5%

-0.5%

11.5%

3.0%

48.7%

Share price

2.6%

-1.1%

12.0%

 

4.7%

49.4%

Sources: Datastream, BlackRock

 

At month end

 

Net asset value – capital only:

132.37p

Net asset value cum income1:

132.62p

Share price:

120.00p

Discount to NAV (cum income):

9.5%

Net yield:

3.7%

Gearing - cum income:

8.6%

Total assets:

£162.8m

Ordinary shares in issue2:

122,744,497

Gearing range (as a % of net assets):

0-20%

Ongoing charges3:

1.19%

 

 

1 Includes net revenue of 0.25p.

2 Excluding 12,841,697 ordinary shares held in treasury.

3 The Company’s ongoing charges are calculated as a percentage of average daily net assets and using the management fee and all other operating expenses excluding finance costs, direct transaction costs, custody transaction charges, VAT recovered, taxation and certain other non-recurring items for the year ended 30 November 2023. In addition, the Company’s Manager has also agreed to cap ongoing charges by rebating a portion of the management fee to the extent that the Company’s ongoing charges exceed 1.25% of average net assets.

 

 

Sector Overview

 

Mining

41.2%

 

Traditional Energy

31.8%

 

Energy Transition                

27.5%

 

Net Current Liabilities             

-0.5%

 

 

-----

 

 

100.0%

 

 

=====

 

 

 

 

Sector Analysis

% Total Assets^

 

Country Analysis

% Total Assets^

Mining:

 

 

 

 

Diversified

20.6

 

Global

50.9

Copper

6.2

 

USA

21.8

Steel

4.5

 

Canada

10.2

Gold

3.5

 

United Kingdom

3.4

Industrial Minerals

2.1

 

Latin America

2.9

Aluminium

1.5

 

Germany

2.7

Metals & Mining

1.5

 

Other Africa

2.4

Nickel

1.3

 

Italy

2.1

Subtotal Mining:

41.2

 

Australia

2.0

 

 

 

France

1.5

Traditional Energy:

 

 

Ireland

0.6

E&P

12.2

 

Net Current Liabilities

-0.5

Integrated

8.7

 

 

-----

Oil Services

4.4

 

 

100.0

Distribution

4.0

 

 

 

Oil, Gas & Consumable Fuels

1.6

 

 

 

Refining & Marketing

0.9

 

 

 

Subtotal Traditional Energy:

31.8

 

 

 

 

 

 

 

 

Energy Transition:

 

 

 

 

Energy Efficiency

10.1

 

 

 

Electrification

8.0

 

 

 

Renewables

4.7

 

 

 

Transport

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 19 August 2024 were:

129.35p Capital only 130.12p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 150,000 Ordinary shares on 19th August 2024, the Company has 122,594,497 Ordinary Shares in issue, excluding 12,991,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

BlackRock Energy and Resources Income Trust plcLEI - 54930040ALEAVPMMDC31Transaction in own shares: purchase of own shares to be held in treasuryThe Company announces that it has today purchased 150,000 of its Ordinary Shares at an average price of 116.41 pence per share to be held in treasury.Following settlement of this purchase on 21 August 2024 the issued share capital of the Company will be 122,594,497 Ordinary Shares, excluding 12,991,697 shares which are held in treasury. Shares held in treasury do not carry any voting rights; 9.58% of the Company’s total issued share capital (135,586,194 Ordinary Shares, including treasury shares) will be held in treasury following settlement.For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and should use the figure of 122,594,497 following settlement when determining if they are required to notify their interest in, or a change to their interest in the Company.All enquiries:

Sarah Beynsberger

Company SecretaryBlackRock Investment Management (UK) LimitedTel: 0203 649 3432

 

19 August 2024

 

 

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 16 August 2024 were:

128.82p Capital only129.53p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 15 August 2024 were:

129.20p Capital only129.90p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 14 August 2024 were:

127.78p Capital only128.11p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 13 August 2024 were:

127.53p Capital only 127.84p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 12 August 2024 were:

127.22p Capital only127.53p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 9 August 2024 were:

126.54p Capital only126.84p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 8 August 2024 were:

126.29p Capital only126.57p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.

NET ASSET VALUE

BLACKROCK ENERGY AND RESOURCES INCOME TRUST PLC54930040ALEAVPMMDC31

The unaudited net asset values for BlackRock Energy and Resources Income Trust PLC at close of business on 7 August 2024 were:

124.51p Capital only124.79p Including current year income

Notes:

1.        Investments have been valued on a bid price basis.

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

3.       Following the share buyback of 110,000 Ordinary shares on 29th July 2024, the Company has 122,744,497 Ordinary Shares in issue, excluding 12,841,697 shares held in Treasury.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

5.        On 13th May 2019 the Company changed its name to Blackrock Energy and Resources Income Trust plc and with effect from 8.00am on 14th May 2019, the Company's ticker changed to BERI(previously BRCI). The Company's ISIN and Sedol will remain unchanged.