Change of Adviser
July 29 2009 - 10:25AM
UK Regulatory
TIDMINPP
RNS Number : 4968W
International Public Partnership Ld
29 July 2009
29th July 2009
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION
INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED
(formerly known as Babcock & Brown Public Partnerships Limited)
Change of Adviser
International Public Partnerships Limited is pleased to advise the appointment
of Numis Securities Limited as its Corporate Broker with immediate effect.
For further information, please contact:
International Public Partnerships Limited: +44 (0)20 7203 7300
Bianca Francis, Chief Operating Officer
Numis Securities Limited: +44 (0)20 7260 1000
Nick Westlake, Advisory
Chris Gook, Sales
Notes to Editors:
International Public Partnerships Limited is a closed end investment company
that invests in infrastructure assets in the UK, Europe and internationally,
particularly those assets with a public or social character usually developed
with public bodies under private finance initiative (PFI) or public private
partnership (PPP) procurement.
The portfolio consists of 50 PPP/PFI projects with more than 99% of revenues
backed by Governments. There is diversification geographically as well as across
several PPP/PFI sectors, including roads and tunnels, railways, schools,
courthouses, police and custodial facilities, government offices and health
facilities. Average remaining concession life of projects in the portfolio is 25
years, against a weighted average debt tenor of 24 years, ensuring that project
debt is largely matched to concession life.
Amber Infrastructure Group is owned by the individuals who have been responsible
for the development and management of the majority of these assets and will
continue to manage them for the benefit of INPP shareholders.
The Company (ticker INPP) listed on the Main Market of the London Stock Exchange
in November 2006, and is a constituent of the FTSE 250 and FTSE AllShare.
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 International Public
Partnerships Limited (the "Company") carries certain risks and past performance
cannot be relied on as a guide to future performance.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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