BBGI Global Infrastructure S.A. Half-year Report (2050M)
13 September 2023 - 12:26AM
UK Regulatory
TIDMBBGI
RNS Number : 2050M
BBGI Global Infrastructure S.A.
12 September 2023
12 September 2023
BBGI Global Infrastructure S.A.
(the "Company")
Interim results for the six months ended 30 June 2023
Further to the announcement dated 31 August 2023, BBGI Global
Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure
investment company, confirms that a copy of the Company's Interim
Financial Report for the six months ended 30 June 2023 has been
submitted to the National Storage Mechanism ("NSM") and is now
available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism *.
The Interim Financial Report is also available to view on, and
download from, the Company's website at www.bb-gi.com *.
Shareholders may also request that copies are sent to them free of
charge.
FOR FURTHER INFORMATION, PLEASE CONTACT:
BBGI Management Team +352 263 479-1
Duncan Ball
--------------------------------
Frank Schramm
--------------------------------
H/Advisors Maitland (Communications
advisor) +44(0) 20 7379 5151
--------------------------------
James Benjamin BBGI-maitland@h-advisors.global
--------------------------------
Rachel Cohen
--------------------------------
NOTES
BBGI Global Infrastructure S.A. (BBGI) is a responsible
infrastructure investment company and a constituent of the FTSE
250. We invest in and actively manage for the long-term a globally
diversified, low-risk portfolio of essential social infrastructure
investments. Our purpose is to deliver healthier, safer and more
connected societies, while creating sustainable value for all our
stakeholders .
BBGI is committed to delivering stable and predictable cash
flows with progressive long-term dividend growth and attractive,
sustainable, returns for shareholders. Through our proactive and
disciplined approach to active asset management and prudent
financial management, and with a strong focus on ESG, we preserve
and enhance the value of our investments, and deliver well
maintained social infrastructure that serve and support local
communities and end users.
All of BBGI's investments are availability-style and supported
by secure public sector-backed contracted revenues, with high
quality inflation-linkage. Availability-style means that our
revenues are paid so long as the assets are available for use, and
we maintain a consistently high level of asset availability of
99.9%.
BBGI's investment portfolio is 100% operational with all its
investments located across highly rated investment grade countries
with stable, well developed operating environments.
BBGI's in-house management team is incentivised by shareholder
returns and consistently maintains low comparative ongoing charges
to shareholders.
BBGI is targeting dividends of 7.93 pence and 8.40 pence per
ordinary share for the twelve months ending 31 December 2023 and 31
December 2024, respectively, representing a 6% increase year on
year, and a dividend target of 8.57pps for 2025: all are expected
to be fully cash-covered**.
Further information about BBGI is available on its website at
www.bb-gi.com *
The Company's LEI: 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.
** These are guidance levels or targets only and not a profit
forecast and there can be no assurance that they will be met.
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END
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