3i Infrastructure PLC Strategic Review of Oystercatcher (1683G)
July 22 2021 - 7:00AM
UK Regulatory
TIDM3IN
RNS Number : 1683G
3i Infrastructure PLC
22 July 2021
22 July 2021
3i Infrastructure plc
Update on strategic review of
Oystercatcher's European terminals
3i Infrastructure plc (the "Company") announces that the
strategic review of Oystercatcher's European terminals in
Amsterdam, Terneuzen, Ghent and Malta has reached an advanced
stage.
3i Infrastructure plc, Oiltanking GmbH and Evos through Evos
Finance B.V. intend to enter into an agreement for the sale and
purchase of Oystercatcher's 45% stakes in the terminals, as well as
the 55% stakes held by Oiltanking GmbH. Entering into a sale and
purchase agreement is subject to the applicable Dutch and Belgian
employee consultation procedures.
The Company will make a further announcement in due course.
-ENDS-
For further information, contact:
Thomas Fodor Tel: +44 20 7975 3469
Investor enquiries Email: thomas.fodor@3i.com
Kathryn van der Kroft Tel: +44 20 7975 3021
Media enquiries Email: kathryn.vanderkroft@3i.com
Notes to editors:
3i Infrastructure plc
3i Infrastructure plc is a Jersey-incorporated, closed-ended
investment company, an approved UK Investment Trust, listed on the
London Stock Exchange and regulated by the Jersey Financial
Services Commission. It is a long-term investor in infrastructure
businesses and assets. Its market focus is on economic
infrastructure and greenfield projects in developed economies,
principally in Europe, investing in operating businesses and
projects which generate long-term yield and capital growth.
3i Investments plc, a wholly-owned subsidiary of 3i Group plc,
is authorised and regulated in the UK by the Financial Conduct
Authority and is the investment manager of 3i Infrastructure
plc.
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END
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