10
May 2024
BBGI Global Infrastructure
S.A.
(the
"Company")
Transaction in Own
Shares
BBGI Global Infrastructure S.A. (LSE
ticker: BBGI), the global infrastructure investment company,
announces that on 9 May 2024, the Company purchased the following
number of its ordinary shares on the London Stock Exchange in
accordance with the authority granted by shareholders at the
Company's Annual General Meeting held on 30 April 2024;
|
Date of purchase
|
9 May 2024
|
|
Total number of shares
purchased
|
654,064 shares
|
|
Lowest price paid per
share
|
GBP 1.404
|
|
Highest price paid per
share
|
GBP 1.422
|
|
Weighted average price
|
GBP 1.41526
|
The Company intends for the
purchased shares to be held in treasury and be used to satisfy the
vesting of share awards to the Management Board under the Company's
Long Term Incentive Plan (LTIP) and Short Term Incentive Plan
(STIP) and to BBGI employees under the Restricted Share Plan.
Following the purchase of 654,064 shares on 9 May 2024, the Company
has now acquired sufficient shares into Treasury to meet its
expected near term vesting requirements.
Following the purchase, the Company
holds as Treasury shares 1,107,386 Ordinary Shares, representing
0.15% of the total issued ordinary share capital of the
Company.
The resulting issued ordinary share
capital following the purchase is 713,769,251 Ordinary Shares
(excluding shares held in treasury). Treasury shares do not count
towards the total number of Ordinary Shares with voting
rights.
Therefore the figure
of 713,769,251 Ordinary Shares may be used by shareholders of
the Company as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company
under the FCA's Disclosure Guidance and Transparency
Rules.
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).
* 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.