REG - BBGI Global Infrast. - Directorate Change

BBGI Global Infrastructure SAAnnouncement

31/01/2024 16:00

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RNS Number : 5811B  BBGI Global Infrastructure S.A.  31 January 2024

BBGI Global Infrastructure S.A.

(The "Company")

Directorate Change

In compliance with the UK Listing Rules (LR 9.6.14R) BBGI Global
Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment
company, announces that June Aitken, Non-Executive Director, has been elected
to take the position of Chair of CC Japan Income & Growth Trust plc,
subject to her re-election as a Non-Executive Director of that company at
their AGM on 5 March 2024.

There is no further information required to be disclosed pursuant to LR
9.6.14R.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

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

 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.

 

 

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