International Public Partnership Ld Allotment of scrip dividend shares (8630G)

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RNS Number : 8630G

International Public Partnership Ld

12 June 2013

INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED

ALLOTMENT OF SCRIP DIVIDEND SHARES

The Board of International Public Partnerships Limited ('INPP' or the 'Company') wish to confirm the following in respect of the scrip dividend:

 
     Dividend period:                        1 July 2012 - 31 December 
                                              2012 
     Dividend amount per share:              3.00 pence 
                                        ============================== 
     Scrip dividend price per share:         128.70 pence 
                                        ============================== 
     Payment date/Allotment of scrip:        14 June 2013 
                                        ============================== 
     Number of new shares issued:            4,180,893 
                                        ============================== 
     Total number of INPP shares in 
      issue at 14 June 2013:                 750,020,856 
                                        ==============================

As a result of the issue of equity set out above, the Company's issued share capital consists of 750,020,856 Ordinary shares.

Application has been made for 4,180,893 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 Friday, 14 June 2013.

In December 2012, the Board of Directors provided indicative guidance on the Company's target 2013/14 distribution which is a target of 6.15 pence per share. Assuming this target is achieved, this would represent a 2.5% increase on the 2012 distribution, and would be the fifth consecutive year the Company has increased distributions above the 2.5% growth forecast indicated at the time of the Company's IPO in 2006. The Board today reconfirms this guidance.

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/Harry Stein +44(0)2072697297/7141

FTI Consulting

About International Public Partnerships (INPP):

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 122 social and transport infrastructure projects, including schools, hospitals, courts, police headquarters, transport and utility and transmission projects in the U.K., Europe, Australia and Canada. INPP seeks to provide its shareholders with both a long-term yield and capital growth through investment across both construction and operational phases of 25-40 year concessions.

Amber Infrastructure Group (Amber) is the Investment Advisor to INPP and consists of more than 80 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

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