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13 February 2020
BBGI SICAV S.A.
(the 'Company')
Second 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 declare a second interim dividend of 3.5 pence per share with scrip alternative for the period 1 July - 31 December 2019, to be paid on 2 April 2020. Payment of this second interim dividend is consistent with the Company's target dividend payment of 7.00 pence per share in respect of the financial year ended 31 December 2019.
Details of the second interim dividend are as follows:
Dividend per share: 3.5 pence
Ex-Dividend date: 20 February 2020
Dividend Record date: 21 February 2020
Depository Interest Holders last date to make scrip dividend election: 18 March 2020
Shareholders last date to make scrip dividend election: 19 March 2020
Payment date/Allotment of scrip dividend shares: 2 April 2020
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 2 March 2020 to all eligible BBGI shareholders on the register as at the dividend record date, being 21 February 2020. The scrip dividend elections will need to be received as instructed by 18 March 2020 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, subject to market conditions and to conditions as prescribed by Luxembourg law.The Company has set a target dividend of 7.18 pence per share for 2020.
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 is a FTSE 250 company and owns a global portfolio of 48 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 atwww.bb-gi.com*.
The Company's LEI is: 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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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Second Interim Dividend - RNS
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BBGI SICAV SA published this content on 13 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2020 07:05:12 UTC
