BBPP Babcock & Brown (See LSE:BBPP)

 

TIDMBBPP 
 
RNS Number : 8979P 
Babcock&Brown Public Ptnrships Ltd 
01 April 2009 
 

 
 
 
 
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES 
 
 
 
 
Babcock & Brown Public Partnerships (BBPP) has been advised that Babcock & Brown 
International Pty Ltd (BBIPL) has sold its entire holding of 31,223,730 shares, 
or 8.33% of issued capital, in BBPP.  Of the total, 3,499,163 shares were 
transferred to a third party unrelated to Babcock & Brown. The remaining 
27,724,567 shares were sold via a placement through Numis Securities. The 
placement was completed at a price of 87.50 pence per share. 
 
 
The Board of BBPP expects that the sale of BBIPL's stake in BBPP should address 
the overhang concern that they believe has impacted the recent share price 
performance of BBPP. 
 
 
 
 
 
 
 
 
Disclaimer 
 
 
Nothing in this press release is intended as an offer to sell or a solicitation 
of an offer to buy any securities. An investment in Babcock & Brown Public 
Partnerships Limited (the "Company") carries certain risks and past performance 
cannot be relied on as a guide to future performance. 
 
 
Note on forward-looking statements 
 
 
This press release may include statements that are, or may be deemed to be, 
"forward-looking statements". These forward-looking statements can be 
identified by the use of forward-looking terminology, including the term 
"believes". 
 
 
These forward-looking statements include all matters that are not historical 
facts. By their nature, forward-looking statements involve risks and 
uncertainties because they relate to events and depend on circumstances that may 
or may not occur in the future. Forward-looking statements are not guarantees of 
future performance. The Company's actual investment performance, results of 
operations, financial condition, liquidity, distribution policy and the 
development of its financing strategies may differ materially from the 
impression created by the forward-looking statements contained in this press 
release. 
 
 
Subject to their legal and regulatory obligations, the Directors of the Company 
expressly disclaim any obligations to update or revise any forward-looking 
statement contained herein to reflect any change in expectations with regard 
thereto or any change in events, conditions or circumstances on which any 
statement is based. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCUASWRKNRSRRR 
 

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