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BlackRock Sustainable American Income Trust plc
(LEI: 549300WWOCXSC241W468)
Change of Name
The Board of BlackRock Sustainable American Income Trust plc (the "Company") has considered the Financial Conduct Authority's Sustainability Disclosure Requirements ("SDR") which come into effect on 2 December 2024.
The Board believes the Company's current investment philosophy and process, targeting US quality and value stocks and seeking to deliver a superior ESG outcome, remains appropriate to shareholders. Adopting a label under SDR would require a change to this strategy. The decision has therefore been taken to remove the word "sustainable" from the Company's name and investment objective. Under SDR, the Company will become an unlabelled ESG fund.
As a result, the Company's name will change to the "BlackRock American Income Trust plc" with immediate effect. The Company's Ticker will also change from "BRSA" to "BRAI".
To reflect the incoming Naming & Marketing Rules under SDR, the Company is also required to make non-material changes to its investment objective and investment policy. The investment objective will accordingly be modified to:
"The Company's investment objective is to provide an attractive level of income together with capital appreciation over the long term, whilst incorporating the ESG commitments described in the Company's investment policy."
The Company's investment objective will also be reflected in the wording of the investment policy.
Please note that there will be no change to how the investment portfolio is managed.
For further information, please contact:
BlackRock Investment Management (UK) Limited, Investment Manager
+44 (0) 20 7743 3000
Charlie Kilner, Client Director
Cavendish Securities, Corporate Adviser
+44 (0) 20 7397 1915
Tunga Chigovanyika, Corporate Finance Director
Media Enquiries
+44 (0) 77833 87713
Ed Hooper, Lansons
BlackRockInvestmentTrusts@lansons.com
BlackRock Sustainable American Income Trust plc (the “Company”)
LEI - 549300WWOCXSC241W468
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 14 November 2024 its issued capital comprised 71,108,707 ordinary shares of £0.01 each, excluding 29,252,598 shares held in treasury.
Shareholders should therefore use 71,108,707 (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: 0207 743 2639
14 November 2024
BLACKROCK SUSTAINABLE AMERICAN INCOME TRUST PLC
(LEI: 549300WWOCXSC241W468)ANNOUNCEMENT OF QUARTERLY INTERIM DIVIDEND13 November 2024The Board of BlackRock Sustainable American Income Trust plc is pleased to announce that the fourth quarterly interim dividend in respect of the year ended 31 October 2024 of 2.00p per ordinary share has been declared by the Directors, payable on 2 January 2025 to holders of ordinary shares on the register at the close of business on 22 November 2024 (ex dividend date is 21 November 2024).
Enquiries:Sarah Beynsberger BlackRock Investment Management (UK) Limited, SecretaryTelephone: 020 7743 2639
BlackRock Sustainable American Income Trust plc (‘the Company’)LEI – 549300WWOCXSC241W468Transaction in own shares: purchase of own shares to be held in treasuryThe Company announces that it has today purchased 100,000 of its Ordinary Shares at an average price of 200.99 pence per share to be held in treasury.Following settlement of this purchase on 15 November 2024 the issued share capital of the Company will be 71,008,707 Ordinary Shares, excluding 29,352,598 shares which are held in treasury. Shares held in treasury do not carry any voting rights; 29.25% of the Company’s total issued share capital (100,361,305 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 71,008,707 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: 0207 743 2639
13 November 2024
NET ASSET VALUE
BLACKROCK SUSTAINABLE AMERICAN INCOME TRUST PLC549300WWOCXSC241W468
The unaudited net asset values for BlackRock Sustainable American Income Trust PLC at close of business on 12 November 2024 were:
223.93p Capital only224.74p 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 120,000 ordinary shares on 12th November 2024, the Company has 71,108,707 Ordinary Shares in issue, excluding 29,252,598 shares which are held in Treasury.
BlackRock Sustainable American Income Trust plc (the “Company”)
LEI - 549300WWOCXSC241W468
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 13 November 2024 its issued capital comprised 71,228,707 ordinary shares of £0.01 each, excluding 29,132,598 shares held in treasury.
Shareholders should therefore use 71,228,707 (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: 0207 743 2639
13 November 2024
BlackRock Sustainable American Income Trust plc (‘the Company’)LEI – 549300WWOCXSC241W468Transaction in own shares: purchase of own shares to be held in treasuryThe Company announces that it has today purchased 120,000 of its Ordinary Shares at an average price of 200.29 pence per share to be held in treasury.Following settlement of this purchase on 14 November 2024 the issued share capital of the Company will be 71,108,707 Ordinary Shares, excluding 29,252,598 shares which are held in treasury. Shares held in treasury do not carry any voting rights; 29.15% of the Company’s total issued share capital (100,361,305 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 71,108,707 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: 0207 743 2639
12 November 2024
NET ASSET VALUE
BLACKROCK SUSTAINABLE AMERICAN INCOME TRUST PLC549300WWOCXSC241W468
The unaudited net asset values for BlackRock Sustainable American Income Trust PLC at close of business on 11 November 2024 were:
224.04p Capital only 224.85p 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 20,195 ordinary shares on 11th November 2024, the Company has 71,228,707 Ordinary Shares in issue, excluding 29,132,598 shares which are held in Treasury.
BlackRock Sustainable American Income Trust plc (‘the Company’)LEI – 549300WWOCXSC241W468Transaction in own shares: purchase of own shares to be held in treasuryThe Company announces that it has today purchased 20,195 of its Ordinary Shares at an average price of 198.18 pence per share to be held in treasury.Following settlement of this purchase on 13 November 2024 the issued share capital of the Company will be 71,228,707 Ordinary Shares, excluding 29,132,598 shares which are held in treasury. Shares held in treasury do not carry any voting rights; 29.03% of the Company’s total issued share capital (100,361,305 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 71,228,707 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: 0207 743 2639
11 November 2024
NET ASSET VALUE
BLACKROCK SUSTAINABLE AMERICAN INCOME TRUST PLC549300WWOCXSC241W468
The unaudited net asset values for BlackRock Sustainable American Income Trust PLC at close of business on 8 November 2024 were:
222.29p Capital only223.11p 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 86,405 ordinary shares on 7th November 2024, the Company has 71,248,902 Ordinary Shares in issue, excluding 29,112,403 shares which are held in Treasury.