NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS
1. Name of Issuer
BlackRock Absolute Return Strategies Ltd
2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4R(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii).
Both (i) and (ii)
3. Name of person discharging managerial responsibilities/director.
Mr Colin Maltby
4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected persons.
N/A
5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest.
Holding of the person named above
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares.
No par value Euro shares
7. Name of registered shareholder(s) and, if more than one, the number of
shares held by each of them.
Mr Colin Maltby
8. State the nature of the transaction.
Initial redemption of shares as part of the wind-down of the Company
9. Number of shares, debentures or financial instruments relating to shares
acquired.
n/a
10. Percentage of issued class acquired (treasury shares or that class should
not be taken into account when calculation percentage).
n/a
11. Number of shares, debentures or financial instruments relating to shares
disposed.
3,209
12. Percentage of issued class disposed (treasury shares or that class should
not be taken into account when calculation percentage).
0.73%
13. Price per share or value of transaction.
€9.9256 per share
14. Date and place of transaction.
10 February 2012, London
15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage).
1,157 (0.26%)
16. Date issuer informed of transaction.
13 February 2012
17. Date of grant.
N/A
18. Period during which or date on which it can be exercised.
N/A
19. Total amount paid (if any) for grant of the option.
N/A
20. Description of shares or debentures involved (class and number).
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to
be fixed at the time of the exercise.
N/A
22. Total number of shares or debentures over which option held following
notification.
N/A
23. Any additional information.
N/A
24. Name of contact and telephone number for queries.
Barbara Powley
Company Secretary
BlackRock Investment Management (UK) Limited
Tel: 0207 743 5610
Date: 17 February 2012