REG - BBGI Global Infrast. - Result of AGM

BBGI Global Infrastructure SAAnnouncement

01/05/2024 07:00

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RNS Number : 7057M  BBGI Global Infrastructure S.A.  01 May 2024

1 May 2024

 

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 thirteenth Annual
General Meeting of the Company held yesterday, 30 April 2024, 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            495,729,587  0           0
              Independent Auditor on the Company's activities during the financial year
              ended 31 December 2023
 2.           Review and approval of the standalone financial statements of the Company for   495,729,587  0           0
              the financial year which ended on 31 December 2023, allocation of the results
              and payment of a dividend
 3.           Review and approval of the consolidated financial statements of the Company     495,729,587  0           0
              for the financial year which ended on 31 December 2023
 4.           Discharge and release (quitus) to the external auditor, to the current members  495,729,587  0           0
              of the Management Board, to Frank Schramm, who resigned as a member of the
              Management Board and co-Chief Executive Officer of the Company with effect
              from 31 January 2024, and to the current members of the Supervisory Board for
              all their duties during, and in connection with, the financial year having
              started on 1 January 2023 and having ended on 31 December 2023.
 5.           Re-appointment of Sarah Whitney as a member of the Supervisory Board            495,729,587  0           0
 6.           Re-appointment of Jutta af Rosenborg as a member of the Supervisory Board       495,729,587  0           0
 7.           Re-appointment of Christopher Waples as a member of the Supervisory Board       495,729,587  0           0
 8.           Re-appointment of June Aitken as a member of the Supervisory Board              495,729,587  0           0
 9.           Re-appointment of Andrew Sykes as a member of the Supervisory Board             485,228,638  10,500,948  1
 10.          Re-appointment of PricewaterhouseCoopers as independent auditor of the Company  495,727,217  2,370       0
 11.          Authorisation of the Management Board to determine the remuneration of the      495,729,587  0           0
              independent auditor
 12.          Authorisation of the Management Board to offer shareholders the right to elect  495,729,587  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
 Special Resolutions                                                                          For          Against     Withheld *
 13.          Authorisation of the Company to make market purchases of its own shares         495,729,587  0           0
 14.          Authorisation of the Management Board to allot up to the aggregate number of    486,272,774  9,449,813   7,000
              shares representing less than 10% of the shares in the Company already
              admitted to trading on the London Stock Exchange
 15.          Delegation of powers                                                            495,683,071  0           46,516

 

 

 

The full text of the resolutions may be found in the Convening Notice to
Annual General Meeting dated 27 March 2024, copies of which are available on
both the Company's website www.bb-gi.co
(https://www.bb-gi.com/investors/regulatory-news/) m
(https://www.bb-gi.com/investors/regulatory-news/) ** 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, 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*.

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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