1
May 2024
BBGI Global Infrastructure
S.A.
(the
"Company")
Results of Annual General
Meeting
BBGI Global Infrastructure S.A. (LSE
ticker: BBGI), the global infrastructure investment company, is
pleased to announce that, at the thirteenth Annual General Meeting
of the Company held yesterday, 30 April 2024, each of the
Resolutions was duly approved by shareholders.
Details of the votes validly cast
are set out below:
|
Ordinary
Resolutions
|
For
|
Against
|
Withheld *
|
|
1.
|
Presentation of the reports of (i)
the Management Board and (ii) the Independent Auditor on the
Company's activities during the financial year ended 31 December
2023
|
495,729,587
|
0
|
0
|
|
2.
|
Review and approval of the
standalone financial statements of the Company for the financial
year which ended on 31 December 2023, allocation of the results and
payment of a dividend
|
495,729,587
|
0
|
0
|
|
3.
|
Review and approval of the
consolidated financial statements of the Company for the financial
year which ended on 31 December 2023
|
495,729,587
|
0
|
0
|
|
4.
|
Discharge and release (quitus) to the external auditor, to
the current members of the Management Board, to Frank Schramm, who
resigned as a member of the Management Board and co-Chief Executive
Officer of the Company with effect from 31 January 2024, and to the
current members of the Supervisory Board for all their duties
during, and in connection with, the financial year having started
on 1 January 2023 and having ended on 31 December 2023.
|
495,729,587
|
0
|
0
|
|
5.
|
Re-appointment of Sarah Whitney as a
member of the Supervisory Board
|
495,729,587
|
0
|
0
|
|
6.
|
Re-appointment of Jutta af Rosenborg
as a member of the Supervisory Board
|
495,729,587
|
0
|
0
|
|
7.
|
Re-appointment of Christopher Waples
as a member of the Supervisory Board
|
495,729,587
|
0
|
0
|
|
8.
|
Re-appointment of June Aitken as a
member of the Supervisory Board
|
495,729,587
|
0
|
0
|
|
9.
|
Re-appointment of Andrew Sykes as a
member of the Supervisory Board
|
485,228,638
|
10,500,948
|
1
|
|
10.
|
Re-appointment of
PricewaterhouseCoopers as independent auditor of the
Company
|
495,727,217
|
2,370
|
0
|
|
11.
|
Authorisation of the Management
Board to determine the remuneration of the independent
auditor
|
495,729,587
|
0
|
0
|
|
12.
|
Authorisation of the Management
Board to offer shareholders the right to elect to receive further
ordinary shares in respect of dividends declared for any financial
period or periods of the Company ending prior to the 2024
AGM
|
495,729,587
|
0
|
0
|
|
Special
Resolutions
|
For
|
Against
|
Withheld *
|
|
13.
|
Authorisation of the Company to make
market purchases of its own shares
|
495,729,587
|
0
|
0
|
|
14.
|
Authorisation of the Management
Board to allot up to the aggregate number of shares representing
less than 10% of the shares in the Company already admitted to
trading on the London Stock Exchange
|
486,272,774
|
9,449,813
|
7,000
|
|
15.
|
Delegation of powers
|
495,683,071
|
0
|
46,516
|
The full text of the resolutions may
be found in the Convening Notice to Annual General Meeting dated 27
March 2024, copies of which are available on both the Company's
website www.bb-gi.com**
and on the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism**.
A copy of the Special Resolutions passed at the Annual General
Meeting has been submitted to the National Storage Mechanism and
will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism**.
The Results will also be available
shortly for viewing on the Company's website
www.bb-gi.com**.
FOR
FURTHER INFORMATION, PLEASE CONTACT:
|
BBGI Management Team
|
+352 263 479-1
|
|
Duncan Ball, CEO
|
|
|
Michael Denny,
CFOO
|
|
|
|
|
|
H/Advisors Maitland (Communications advisor)
|
BBGI-maitland@h-advisors.global
|
|
James Benjamin
|
+44(0) 7747
113 930
|
|
Rachel Cohen
|
+44(0) 20 7379 5151
|
NOTES
BBGI Global Infrastructure S.A.
(BBGI) is a responsible infrastructure investment company and a
constituent of the FTSE 250 that invests in and actively manages
for the long-term a globally diversified, low-risk portfolio of
essential social infrastructure investments.
BBGI is committed to delivering
stable and predictable cash flows with progressive long-term
dividend growth and attractive, sustainable, returns for
shareholders. BBGI has a proactive approach to preserving and
enhancing the value of its investments, and to delivering well
maintained social infrastructure for communities and end users,
whilst serving society by supporting local communities.
All of BBGI's investments are
supported by secure public sector-backed contracted revenues, with
high quality inflation linked characteristics. BBGI's investment
portfolio is 100% operational with all its investments located
across highly rated investment grade countries with stable, well
developed operating environments.
BBGI's in-house management team is
incentivised by shareholder returns and consistently maintains low
comparative ongoing charges.
Further information about BBGI is
available on its website at www.bb-gi.com*.
The Company's LEI:
529900CV0RWCOP5YHK95
Any reference to the Company or BBGI
refers also to its subsidiaries (where applicable).
* A vote withheld is not a vote in
law and is not counted in the calculation of the proportion of
votes validly cast.
** Neither the Company's website nor
the content of any website accessible from hyperlinks on its
website (or any other website) is (or is deemed to be) incorporated
into, or forms (or is deemed to form) part of this
announcement.