REG - BBGI Global Infrast. - Half-year Report

BBGI Global Infrastructure SAAnnouncement

12/09/2023 15:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230912:nRSL2050Ma&default-theme=true

RNS Number : 2050M  BBGI Global Infrastructure S.A.  12 September 2023

12 September 2023

BBGI Global Infrastructure S.A.

(the "Company")

 

Interim results for the six months ended 30 June 2023

 

Further to the announcement dated 31 August 2023, BBGI Global Infrastructure
S.A. (LSE ticker: BBGI), the global infrastructure investment company,
confirms that a copy of the Company's Interim Financial Report for the six
months ended 30 June 2023 has been submitted to the National Storage Mechanism
("NSM") and is now available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) *.

 

The Interim Financial Report is also available to view on, and download from,
the Company's website at www.bb-gi.com (http://www.bb-gi.com) *. Shareholders
may also request that copies are sent to them free of charge.

 

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

 BBGI Management Team                          +352 263 479-1
 Duncan Ball
 Frank Schramm

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

 

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. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DOCZZGMLDZFGFZM