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Pin to quick picksBBGI Global Infrastructure Regulatory News (BBGI)

Share Price Information for BBGI Global Infrastructure (BBGI)

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BBGI SICAV S.A. is an Investment Trust

To provide a unique access to a global portfolio of high-quality infrastructure assets which generate stable, predictable cash flows over the life of government or government-backed contracts that typically extend to more than twenty years in length.

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Grant of Share Awards under LTIP

2 Feb 2023 07:00

RNS Number : 6613O
BBGI Global Infrastructure S.A.
02 February 2023
 

2 February 2023

BBGI Global Infrastructure S.A.

(the "Company")

 

Grant of Share Awards under Long Term Incentive Plan ('LTIP')

 

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment company, announces in accordance with Market Abuse Regulations that on 1 February 2023 the Company's Co-Chief Executive Officers, Duncan Ball and Frank Schramm, and the Company's CFO, Michael Denny, were granted conditional awards of the Company's ordinary shares under the Company's LTIP. The awards granted are subject to performance and contractual conditions.

 

The number of shares subject to the awards was determined by using the average closing price of the Company's share price during December 2022, as ascertained by the Official List, which was 156.46p per share.

 

Subject to the achievement of the performance conditions, the awards will vest after 31 December 2025.

 

Executive Maximum

Share Award

Duncan Ball 697,693

Frank Schramm 662,556

Michael Denny 318,270

 

 

 

For further information, please contact:

 

BBGI Management Team +352 263 479-1

Frank Schramm

Duncan Ball

 

 

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 availability-based and supported by secure public sector-backed contracted revenues, with high quality inflation linked characteristics, that is paid so long as the assets are available for use.

 

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.

 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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