BBGI Global Infrastructure Regulatory News (BBGI)

2 October 2013

THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, ANY OFFER FOR SALE OR SUBSCRIPTION OF, OR SOLICITATION OF ANY OFFER TO BUY OR SUBSCRIBE FOR, ANY SHARES IN ANY JURISDICTION.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO US PERSONS OR IN OR INTO THE UNITED STATES, OR INTO OR FROM CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

Bilfinger Berger Global Infrastructure SICAV S.A.

Proposed fundraising

Bilfinger Berger Global Infrastructure SICAV S.A. ("BBGI" or the "Company") is pleased to announce that, further to the update set out in the interim financial statements announced on 30 August 2013, it is now in sole discussions with Bilfinger Group ("Bilfinger") in relation to the potential acquisition of up to 11 pipeline projects with a potential value of around £200 million. This follows the announcement on 28 May 2013 that Bilfinger proposes to divest of its concessions business unit which comprises PFI/PPP projects in Australia, North America and Europe.

Accordingly, the Company is considering raising additional equity capital during Q4 2013 in order to finance the proposed acquisition. The current intention is to raise additional equity capital by way of a placing, open offer and offer for subscription of new Shares (the "Issue"). The target amount to be raised pursuant to the Issue will depend on the final number of pipeline projects agreed to be acquired, taking into account also the Company's existing cash resources.

It is anticipated that a prospectus relating to the Issue will be published in due course. A further announcement giving full details of the Issue will be made at the time of publication of the prospectus.

In light of the above, the Company therefore proposes to seek the requisite consent of shareholders for the disapplication of pre-emption rights at an extraordinary general meeting ("EGM") of the Company to be convened in due course.

Further information about BBGI is available on its website at www.bb-gi.com. 

For further information please contact:

BBGI Management Team +352 2634791

Duncan Ball

Frank Schramm

Jefferies Hoare Govett  +44 (0)20 7029 8000

Gary GouldAlex Collins

Oriel Securities Limited  +44 (0)20 7710 7600

Neil WinwardTom Yeadon

Maitland +44 (0)20 7379 5151

Liz Morley

Important Notice

This announcement is for information purposes only. This announcement is not a prospectus. This announcement does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Bilfinger Berger Global Infrastructure SICAV S.A. (the "Company") or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness,

Any investment decision must be made exclusively on the basis of any prospectus published by the Company and any supplement thereto in connection with the admission of ordinary shares of the Company ("Ordinary Shares") to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities

Jefferies International Limited and Oriel Securities Limited (together, the Joint Sponsors) each of which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, are acting exclusively for the Company and no-one else in connection with the Issue or the matters referred to in this announcement, will not regard any other person as their respective client in relation to the Issue and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for providing advice in relation to the Issue or any transaction or arrangement referred to in this announcement.