BLACKROCK HEDGE SELECTOR As announced on 5 September, given the current market capitalisation of the Company and the prevailing share price discount, the Board of BlackRock Hedge Selector Ltd undertook a shareholder consultation in relation to the current investment objective and policy of the Company's existing share class. Towards the end of this consultation process, the Company has received proposals from a third party in relation to a different investment strategy. The Board is seeking to establish the feasibility or otherwise of these proposals. In the event that this feasibility review concludes that the proposals are not a viable option for the Company, the Board intends to propose to shareholders that the Company be wound up and investors will receive exit proceeds equivalent to NAV less the costs of liquidation. It is anticipated that a further announcement will be made by no later than 19 December 2014. The December Redemption will proceed as previously announced and it is anticipated that Shareholders that have elected to redeem will receive their proceeds (based on the Company's NAV at 31 December 2014 less costs) on or around 16 January 2015. Will Rogers - Cenkos Securities 020 7397 1920
BLACKRK HDGE UK RED PART SHS NPV (UK EMERGING CO SHS) London S.E.
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JE00B42J3Y72
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- BLACKRK HDGE UK RED PART SHS NPV UK EMERGING SHS : BLACKROCK HEDGE SELECTOR LTD - Statement re Future of the Company