REG - BBGI Global Infrast. - Grant of Share Awards under LTIP

BBGI Global Infrastructure SAAnnouncement

09/02/2024 07:00

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RNS Number : 5613C  BBGI Global Infrastructure S.A.  09 February 2024

9 February 2024

BBGI Global Infrastructure S.A.

(the "Company")

 

Grant of Share Awards under Long Term Incentive Plan ('LTIP')

 

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure
investment company, announces in accordance with Market Abuse Regulations that
on 8 February 2024 the Company's Chief Executive Officer, Duncan Ball, the
Company's Chief Financial and Operating Officer, Michael Denny, and the
Company's Executive Director Andreas Parzych were granted conditional awards
of the Company's ordinary shares under the Company's LTIP. The awards granted
are subject to performance and contractual conditions.

 

The number of shares subject to the awards was determined by using the average
closing price of the Company's share price during December 2023, as
ascertained by the Official List, which was 134.31p per share.

 

Subject to the achievement of the performance conditions, the awards will vest
after 31 December 2026.

 

Executive
Maximum

Share Award

Duncan Ball
791,704

Michael Denny
367,527

Andreas Parzych                           120,341

 

 

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 that invests in and
actively manages for the long-term a globally diversified, low-risk portfolio
of essential social infrastructure investments.

 

BBGI is committed to delivering stable and predictable cash flows with
progressive long-term dividend growth and attractive, sustainable, returns for
shareholders. BBGI has a proactive approach to preserving and enhancing the
value of its investments, and to delivering well maintained social
infrastructure for communities and end users, whilst serving society by
supporting local communities.

 

All of BBGI's investments are supported by secure public sector-backed
contracted revenues, with high quality inflation linked characteristics.
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.

 

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.

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