International Public Partnership Ld Allotment of Scrip Dividend Shares (6910V)
07 November 2017 - 2:00AM
UK Regulatory
TIDMINPP
RNS Number : 6910V
International Public Partnership Ld
06 November 2017
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT
FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN, OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH
AFRICA OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL OR
TO U.S. PERSONS. THE INFORMATION CONTAINED HEREIN DOES NOT
CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION.
6 November 2017
Allotment of Scrip Dividend Shares
International Public Partnerships Limited, the listed
infrastructure investment company ("the Company", "INPP") wish to
confirm the following in respect of the scrip dividend:
Dividend period: 1 January 2017
- 30 June 2017
--------------------------------- ----------------
Dividend amount per share: 3.41 pence
--------------------------------- ----------------
Scrip dividend price per share: 158.12 pence
--------------------------------- ----------------
Payment date/Allotment of 9 November 2017
scrip:
--------------------------------- ----------------
Number of new shares issued: 2,293,393
--------------------------------- ----------------
Total number of INPP shares
in issue at 9 November 2017: 1,352,086,971
--------------------------------- ----------------
As a result of the issue of equity set out above, the Company's
issued share capital consists of 1,352,086,971 Ordinary shares.
Application will be made for 2,293,393 new Ordinary shares of
0.01p to be admitted to the premium segment of the Official List
and to trading on the Main Market of the London Stock Exchange. It
is expected that dealings in the new shares will commence at 8.00
a.m. on 9 November 2017.
2017 and 2018 Full Year Distributions
The Board of Directors has established a minimum target for 2017
and 2018 distributions of 6.82 pence per share and 7.00 pence per
share (respectively), providing additional guidance to investors as
to the Company's future intentions. The targeted payments would
represent a minimum c.2.5% increase on the preceding distributions
and would continue to be in line with the growth target indicated
at the time of INPP's IPO in 2006.
Note: The above distribution guidance is provided by the Company
in consultation with its Investment Advisor as a target only and is
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.
Enquiries:
International Public Partnerships
Limited +44 (0)20 7939
Erica Sibree 0558
+44 (0)20 3727
FTI Consulting 1046
Ed Berry +44 (0)20 3727
Mitch Barltrop 1039
About International Public Partnerships:
International Public Partnerships ('INPP') is a listed
infrastructure investment company which invests in global public
infrastructure projects developed under the public private
partnerships ('PPP'), private finance initiative ('PFI'), regulated
asset and other similar procurement methods.
Listed in 2006, INPP is a long-term investor in 127 social and
transport infrastructure projects, including schools, hospitals,
courts, police headquarters, transport and utility and transmission
projects in the UK, Europe, Australia and North America. INPP seeks
to provide its shareholders with both a long-term yield and capital
growth through investment across both construction and operational
phases typically of 25-40 year concessions.
Amber Infrastructure Group ('Amber') is the Investment Adviser
to INPP and has over 100 dedicated staff who manage, advise on and
originate projects for INPP.
Visit the INPP website at
www.internationalpublicpartnerships.com for more information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEUNVSRBRAARAA
(END) Dow Jones Newswires
November 06, 2017 10:00 ET (15:00 GMT)
International Public Par... (LSE:INPP)
Historical Stock Chart
From Apr 2024 to May 2024
International Public Par... (LSE:INPP)
Historical Stock Chart
From May 2023 to May 2024