International Public Partnership Ld Allotment of Scrip Dividend Shares (4743J)
June 12 2014 - 5:38AM
UK Regulatory
TIDMINPP
RNS Number : 4743J
International Public Partnership Ld
12 June 2014
12 June 2014
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 July 2013 - 31 December
2013
========================================== ==============================
Dividend amount per share: 3.075 pence
========================================== ==============================
Scrip dividend price per share: 126.78 pence
========================================== ==============================
Payment date/Allotment of scrip: 13 June 2014
========================================== ==============================
Number of new shares issued: 2,516,479
========================================== ==============================
Total number of INPP shares in issue
at 13 June 2014: 763,158,094
========================================== ==============================
As a result of the issue of equity set out above, the Company's
issued share capital consists of 763,158,094 Ordinary shares.
Application has been made for 2,516,479 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, 13 June 2014.
2014 and 2015 Full Year Distributions
The Board of Directors has established a minimum target for 2014
and 2015 distributions of 6.30 pence per share and 6.45 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/Jack Hickey +44 (0)20 7269 7297/7196
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 123 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 over 70 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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