BBGI SICAV S.A. Increase in Interim Dividend (3667P)
August 31 2017 - 1:01AM
UK Regulatory
TIDMBBGI
RNS Number : 3667P
BBGI SICAV S.A.
31 August 2017
31 August 2017
BBGI SICAV S.A.
(the "Company")
Increase in Interim Dividend
The information contained within this Announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (Regulation 596/2014). Upon the
publication of this Announcement via a Regulatory Information
Service this inside information is now considered to be in the
public domain.
BBGI SICAV S.A. (LSE ticker: BBGI), the global infrastructure
investment company, is pleased to announce that it has increased
its 2017 dividend target from 6.25 pence per share to 6.50 pence
per share which represents an increase of 4.00%. The 2017 interim
dividend of 3.25 pence per share declared today will be paid on 25
October 2017.
Details of the interim dividend are as follows:
Dividend per share: 3.25 pence
Ex-Dividend date: 7 September 2017
Dividend Record date: 8 September 2017
Depository Interest Holders last date to make scrip dividend
election: 4 October 2017
Shareholders last date to make scrip dividend election:
5 October 2017
Payment date/Allotment of scrip dividend shares: 25 October
2017
A scrip alternative is being offered with this dividend to those
investors who wish to receive additional BBGI securities in lieu of
a cash payment. A circular will be sent to shareholders explaining
the terms of the scrip dividend alternative. It is intended that
the circular together with scrip dividend election forms will be
mailed on or about 18 September 2017 to all eligible BBGI
shareholders on the register as at the dividend record date, being
8 September 2017. The scrip dividend elections will need to be
received as instructed by 4 October 2017 from those investors
holding depository interests who wish to receive depository
interests representing shares in lieu of cash. Full details of how
and when to respond will be contained in the circular.
Distributions on the ordinary shares are planned to be paid
twice a year, normally in respect of the six months to 30 June and
31 December, subject to market conditions and to conditions as
prescribed by Luxembourg law.
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
Frank Schramm
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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