REG - BBGI Global Infrast. - Result of AGM

BBGI Global Infrastructure SAAnnouncement

28/04/2023 14:00

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RNS Number : 9202X  BBGI Global Infrastructure S.A.  28 April 2023

28 April 2023

 

BBGI Global Infrastructure S.A.

(the "Company")

 

Results of Annual General Meeting

 

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure
investment company, is pleased to announce that, at the twelfth Annual General
Meeting of the Company held today, 28 April 2023, each of the Resolutions was
duly approved by shareholders.

 

Details of the votes validly cast are set out below:

 

 Ordinary Resolutions                                                                          For          Against     Withheld *
 1.           Presentation of the reports of (i) the Management Board and (ii) the             491,899,751  0           0
              Independent Auditor on the Company's activities during the financial year
              ended 31 December 2022
 2.           Review and approval of the standalone financial statements of the Company for    491,899,751  0           0
              the financial year which ended on 31 December 2022, allocation of the results
              and payment of a dividend
 3.           Review and approval of the consolidated financial statements of the Company      491,899,751  0           0
              for the financial year which ended on 31 December 2022
 4.           Discharge and release (quitus) to the external auditor, to the current members   491,509,849  389,901     1
              of the Management Board and to the current members of the Supervisory Board of
              the Company  for all their duties during, and in connection with, the
              financial year having started on 1 January 2022 and having ended on 31
              December 2022
 5.           Re-appointment of Sarah Whitney as a member of the Supervisory Board             491,899,054  0           1,299
 6.           Re-appointment of Jutta af Rosenborg as a member of the Supervisory Board        491,899,054  0           1,299
 7.           Re-appointment of Christopher Waples as a member of the Supervisory Board        491,899,054  0           1,299
 8.           Re-appointment of June Aitken as a member of the Supervisory Board               491,899,054  0           1,299
 9.           Re-appointment of Andrew Sykes as a member of the Supervisory Board              476,267,197  15,631,856  1,300
 10.          Re-appointment of PricewaterhouseCoopers as independent auditor of the Company   481,944,726  9,955,627   0
 11.          Authorisation of the Management Board to determine the remuneration of the       491,900,353  0           0
              independent auditor
 12.          Authorisation of the Management Board to offer shareholders the right to elect   491,900,353  0           0
              to receive further ordinary shares in respect of dividends declared for any
              financial period or periods of the Company ending prior to the 2024 AGM
 13.          Authorisation for the Company to continue in business as an investment company   491,900,353  0           0
              in accordance with article 29 of the Company's Articles
 Special Resolutions
 14.          Authorisation of the Company to make market purchases of its own shares          489,247,299  2,653,054   0
 15.          Authorisation of the Management Board to allot up to the aggregate number of     491,900,353  0           0
              shares representing less than 10% of the shares in the Company already
              admitted to trading on the London Stock Exchange
 16.          Delegation of Powers                                                             112,890,922  0           0

 

 

The full text of the resolutions may be found in the Convening Notice to
Annual General Meeting dated 28 March 2023, copies of which are available on
both the Company's website www.bb-gi.com (http://www.bb-gi.com/) ** and on the
National Storage Mechanism
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) **.

A copy of the Special Resolutions passed at the Annual General Meeting has
been submitted to the National Storage Mechanism and will shortly be available
for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) **.

 

The Results will also be available shortly for viewing on the Company's
website www.bb-gi.com (http://www.bb-gi.com) **.

 

 

For further information, please contact:

 

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

 H/Advisors Maitland (Communications adviser)  +44 (0) 20 7379 5151
 James Benjamin                                bbgi-maitland@h-advisors.global
 Alistair de Kare-Silver

 

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 availability-based and supported by secure
public sector-backed contracted revenues, with inflation-linkage
characteristics, that is paid so long as the assets are available for use.

BBGI's investment portfolio is over 99% 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.

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).

 

* A vote withheld is not a vote in law and is not counted in the calculation
of the proportion of votes validly cast.

** 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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