REG - BBGI Global Infrast. - Director/PDMR Shareholding

BBGI Global Infrastructure SAAnnouncement

06/12/2023 10:00

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RNS Number : 8814V  BBGI Global Infrastructure S.A.  06 December 2023

6 December 2023

 

BBGI Global Infrastructure S.A. ("the Company")

 

Director / PDMR Shareholding

 

This announcement replaces previous notification 8799V which incorrectly
stated Duncan Ball's holding as at 5 December 2023.

 

In accordance with the requirements of Article 19 of the UK Market Abuse
Regulation, the Company announces that it was notified of the following
transactions in the Company's Ordinary Shares undertaken by directors /
persons discharging managerial responsibility ('PDMRs') and persons closely
associated with them ('PCAs').

 

The resulting holdings of each of the individuals are as follows:

 Director / PDMR                                   Shares held as at 5 December 2023
 Duncan Ball (Co-CEO / Management Board Director)  1,071,358

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name                                                         Duncan Ball
 2.  Reason for the notification
 a.  Position / Status                                            Management Board Director and Co-CEO
 b.  Initial Notification / Amendment                             Initial
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         BBGI Global Infrastructure S.A.
 b.  LEI                                                          529900CV0RWCOP5YHK95
 4.  Details of the transaction(s):

     section to be repeated for (i) each type of instrument; (ii) each type of
     transaction; (iii) each date; and (iv) each place where transactions have been
     conducted
 a.  Description of the financial instrument, type of instrument  Ordinary Shares - No Par Value

     Identification code                                          ISIN - LU0686550053
 b.  Nature of the transaction                                    Purchase of Shares
 c.  Price(s) and volume(s)                                       Price       Volume  Total
                                                                  £1.307563   22,000  £28,766.39
 d.  Aggregated information                                       As in 4 c) above

     - Aggregated volume

     - Price

     -Total Value
 e.  Date of the transaction                                      5 December 2023
 f.  Place of the transaction                                     London Stock Exchange - XLON

d.

Aggregated information

 

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

5 December 2023

f.

Place of the transaction

London Stock Exchange - XLON

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

 BBGI Management Team                          +352 263 479-1
 Duncan Ball, CEO Designate
 Michael Denny, CFOO Designate

 H/Advisors Maitland (Communications advisor)  BBGI-maitland@h-advisors.global
 James Benjamin                                +44(0) 7747 113 930
 Rachel Cohen                                  +44(0) 20 7379 5151

 

NOTES

BBGI Global Infrastructure S.A. (BBGI) is a responsible infrastructure
investment company and a constituent of the FTSE 250. We invest in and
actively manage for the long-term a globally diversified, low-risk portfolio
of essential social infrastructure investments on which people rely every day,
such as schools, hospitals, transport, fire and police stations and affordable
housing. Our purpose is to deliver healthier, safer and more connected
societies, while creating sustainable value for all our stakeholders.

 

BBGI is committed to delivering stable and predictable cash flows with
progressive long-term dividend growth and attractive, sustainable, returns for
shareholders. Through our proactive and disciplined approach to active asset
management and prudent financial management, and with a strong focus on ESG,
we preserve and enhance the value of our investments, and deliver well
maintained social infrastructure that serve and support local communities and
end users.

 

All of BBGI's investments are availability-style and supported by secure
public sector-backed contracted revenues, with high quality inflation-linkage.
Availability-style means that our revenues are paid so long as the assets are
available for use, and we maintain a consistently high level of asset
availability of 99.9%.

 

BBGI's investment portfolio is 100% operational with all its investments
located across highly rated investment grade countries with stable, well
developed operating environments.

 

BBGI's in-house management team is incentivised by shareholder returns and
consistently maintains low comparative ongoing charges to shareholders.

 

BBGI is targeting dividends of 7.93 pence and 8.40 pence per ordinary share
for the twelve months ending 31 December 2023 and 31 December 2024,
respectively, representing a 6% increase year on year, and a dividend target
of 8.57pps for 2025: all are expected to be fully cash-covered**.

 

Further information about BBGI is available on its website at www.bb-gi.com
(http://www.bb-gi.com) *

 

The Company's LEI: 529900CV0RWCOP5YHK95

 

Any reference to the Company or BBGI refers also to its subsidiaries (where
applicable).

 

*    Neither the Company's website nor the content of any website
accessible from hyperlinks on its website (or any other website) is (or is
deemed to be) incorporated into, or forms (or is deemed to form) part of this
announcement.

 

**  These are guidance levels or targets only and not a profit forecast and
there can be no assurance that they will be met.

END

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