BBGI SICAV S.A. Grant of Share Awards under LTIP (6462S)
December 22 2016 - 8:51AM
UK Regulatory
TIDMBBGI
RNS Number : 6462S
BBGI SICAV S.A.
22 December 2016
22 December 2016
BBGI SICAV S.A.
(the "Company")
Grant of Share Awards under Long Term Incentive Plan
('LTIP')
BBGI SICAV S.A. (LSE ticker: BBGI), the global infrastructure
investment company, announces that, in accordance with the Market
Abuse Regulation Article 19, the Company's Co-Chief Executive
Officers, Duncan Ball and Frank Schramm, and the Company's CFO,
Michael Denny, were granted conditional awards of the Company's
ordinary shares under the Company's LTIP on 21 December 2016. The
awards granted are subject to performance and contractual
conditions, as set out in the Company's Annual Report 2015.
The number of shares subject to the awards was determined by
using the closing price of the Company's share price on 21 December
2016, as ascertained by the Official List, which was 139.5 p per
share.
Subject to the achievement of the performance conditions, the
awards will vest after 21 December 2019.
Executive Maximum
Share Award
Duncan Ball 378,644
Frank Schramm 346,706
Michael Denny 60,212
For further information, please contact:
BBGI Management Team +352 263 479-1
Frank Schramm
Duncan Ball
BBGI owns a global portfolio of 39 infrastructure assets. These
are PPP assets and are supported by contracted, public
sector-backed revenue streams, with inflation-protection
characteristics.
Further information about BBGI is available on its website at
www.bb-gi.com *.
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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