REG - BBGI Global Infrast. - Second Interim Dividend

BBGI Global Infrastructure SAAnnouncement

15/02/2024 07:00

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RNS Number : 1667D  BBGI Global Infrastructure S.A.  15 February 2024

15 February 2024

 

BBGI Global Infrastructure S.A.

(the "Company")

 

Second Interim Dividend

 

The information contained within this Announcement is deemed by the Company to
constitute inside information. Upon the publication of this Announcement via a
Regulatory Information Service this inside information is now considered to be
in the public domain.

 

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure
investment company, is pleased to declare a second interim cash dividend of
3.965 pence per share for the period 1 July - 31 December 2023, to be paid on
5 April 2024. Payment of this second interim dividend is consistent with the
Company's target dividend payment of 7.93 pence per share in respect of the
financial year ending 31 December 2023.

 

Details of the second interim dividend are as follows:

 

Dividend per
share:
3.965 pence

Ex-Dividend
date:
22 February 2024

Dividend Record
date:
23 February 2024

Payment
date:
5 April 2024

 

A scrip alternative will not be available with this dividend payment.

 

Distributions on the ordinary shares are planned to be paid twice a year,
subject to market conditions and to conditions as prescribed by Luxembourg
law. The Company has set a target dividend of 8.40 pence per share for 2024.

 

Note: The distribution guidance above is a target only and not a profit
forecast. There can be no assurance that this target will be met or that the
Company will make any distributions whatsoever. The times and dates in this
announcement are expected times and dates only and are subject to change. Any
such changes will be notified to shareholders through a Regulatory Information
Service.

 

 

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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