REG - BBGI Global Infrast. - Transaction in Own Shares

BBGI Global Infrastructure SAAnnouncement

08/05/2024 07:00

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RNS Number : 5095N  BBGI Global Infrastructure S.A.  08 May 2024

8 May 2024

 

BBGI Global Infrastructure S.A.

(the "Company")

 

Transaction in Own Shares

 

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure
investment company, announces that on 7 May 2024, the Company purchased the
following number of its ordinary shares on the London Stock Exchange in
accordance with the authority granted by shareholders at the Company's Annual
General Meeting held on 30 April 2024;

 

 Date of purchase                  7 May 2024
 Total number of shares purchased  107,386 shares
 Purchase Price                    GBP 1.380374

 

The Company intends for the purchased shares to be held in treasury and be
used to satisfy the vesting of share awards to the Management Board under the
Company's Long-Term Incentive Plan (LTIP) and Short-Term Incentive Plan (STIP)
and to BBGI employees under the Restricted Share Plan.

 

Following the purchase, the Company holds as Treasury shares 107,386 Ordinary
Shares, representing 0.015% of the total issued ordinary share capital of the
Company.

 

The resulting issued ordinary share capital following the purchase is
714,769,251 Ordinary Shares (excluding shares held in treasury). Treasury
shares do not count towards the total number of Ordinary Shares with voting
rights.

 

Therefore the figure of 714,769,251 Ordinary Shares may be used by
shareholders of the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

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).

 

* 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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