International Public Partnership Ld Share Issue (6896D)
October 28 2015 - 5:35AM
UK Regulatory
TIDMINPP
RNS Number : 6896D
International Public Partnership Ld
28 October 2015
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT
FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,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.
28 October 2015
INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED
("INPP" or the "Company")
ALLOTMENT OF SCRIP DIVIDEND SHARES
The Board of International Public Partnerships Limited wish to
confirm the following in respect of the scrip dividend:
Dividend period: 1 January 2015 - 31 June
2015
========================================== =============================
Dividend amount per share: 3.225 pence
========================================== =============================
Scrip dividend price per share: 130.88 pence
========================================== =============================
Payment date/Allotment of scrip: 30 October 2015
========================================== =============================
Number of new shares issued: 2,055,252
========================================== =============================
Total number of INPP shares in issue
at 30 October 2015: 853,491,180
========================================== =============================
As a result of the issue of equity set out above, the Company's
issued share capital consists of 853,491,180 Ordinary shares.
Application will be made for 2,055,252 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 30 October 2015.
2015 and 2016 Full Year Distributions
The Board of Directors has established a minimum target for 2015
and 2016 distributions of 6.45 pence per share and 6.65 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 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:
Erica Sibree +44 (0)20 7939 0558
Amber Fund Management Limited
Nick Westlake/Hugh Jonathan +44 (0)20 7260 1345/1263
Numis Securities
Ed Berry/Mitch Barltrop +44 (0) 20 3727 1046/1039
FTI Consulting
Notes to Editors:
About International Public Partnerships:
International Public Partnerships Limited (INPP) is a listed
infrastructure investment company which invests in global public
infrastructure projects developed under the public private
partnerships (PPP) and private finance initiative (PFI) procurement
methods.
Listed in 2006, INPP is a long-term investor in 119 social and
transport infrastructure projects, including schools, hospitals,
courts, police headquarters, transport and renewable energy
projects in the U.K., Europe, Australia and Canada. INPP seeks to
provide its shareholders with both a long-term government-backed
yield and capital growth through investment across both
construction and operational phases of typically 20-40 year
concessions.
Visit the INPP website at
www.internationalpublicpartnerships.com for more information.
About Amber Infrastructure Group:
Amber Infrastructure Group (Amber) is a leading international
infrastructure specialist, providing asset management and
investment advisory services in respect of over GBP5 billion of
assets in the UK, Europe, Australia and North America. Amber's core
business focuses on sourcing, developing, advising on, investing in
and managing infrastructure assets within the utilities, PPP,
transport, renewable energy and regeneration sectors.
Amber provides investment advisory services to International
Public Partnerships Limited as well as private investment funds,
specialising in urban regeneration. Amber is headquartered in
London with offices in Munich, Sydney, Melbourne and San Francisco
and employs over 80 people, making it one of the largest
international infrastructure specialists.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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