International Public Partnership Ld Allotment of scrip dividend shares (8630G)
June 12 2013 - 3:58AM
UK Regulatory
TIDMINPP
RNS Number : 8630G
International Public Partnership Ld
12 June 2013
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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