BBGI Global Infrastructure Regulatory News (BBGI)

31 August 2023

BBGI Global Infrastructure S.A.

(the "Company")

Interim Dividend

The information contained within this Announcement is deemed by the Company to constitute inside information. Upon the publication of this Announcement via a Regulatory Information Service this inside information is now considered to be in the public domain.

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment company, is pleased to declare an interim cash dividend of 3.965 pence per share for the period 1 January - 30 June 2023, to be paid on 19 October 2023. Payment of this interim dividend is consistent with the Company's target dividend payment of 7.93 pence per share in respect of the financial year ending 31 December 2023.

Details of the interim dividend are as follows:

Dividend per share: 3.965 pence

Ex-Dividend date: 7 September 2023

Dividend Record date: 8 September 2023

Payment date: 19 October 2023

A scrip alternative will not be available with this particular dividend payment. 

Distributions on the ordinary shares are planned to be paid twice a year, subject to market conditions and to conditions as prescribed by Luxembourg law. The Company has set a target dividend of 7.93 pence per share for 2023.

Note: The distribution guidance above 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, please contact:

NOTES

BBGI Global Infrastructure S.A. (BBGI) is a responsible infrastructure investment company and a constituent of the FTSE 250. We invest in and actively manage for the long-term a globally diversified, low-risk portfolio of essential social infrastructure investments. Our purpose is to deliver healthier, safer and more connected societies, while creating sustainable value for all our stakeholders.

BBGI is committed to delivering stable and predictable cash flows with progressive long-term dividend growth and attractive, sustainable, returns for shareholders. Through our proactive and disciplined approach to active asset management and prudent financial management, and with a strong focus on ESG, we preserve and enhance the value of our investments, and deliver well maintained social infrastructure that serve and support local communities and end users.

All of BBGI's investments are availability-style and supported by secure public sector-backed contracted revenues, with high quality inflation-linkage. Availability-style means that our revenues are paid so long as the assets are available for use, and we maintain a consistently high level of asset availability of 99.9%.

BBGI's investment portfolio is over 99% 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 to shareholders.

BBGI is targeting dividends of 7.93 pence and 8.40 pence per ordinary share for the twelve months ending 31 December 2023 and 31 December 2024, respectively, representing a 6% increase year on year, and a dividend target of 8.57pps for 2025: all are expected to be fully cash-covered**.

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.

** These are guidance levels or targets only and not a profit forecast and there can be no assurance that they will be met.