Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInternational Public Partnerships Regulatory News (INPP)

Share Price Information for International Public Partnerships (INPP)

Share Price is delayed by 15 minutes
Get Live Data
135.60    0.00 (0.00%)
Bid:
126.00
Ask:
0.00
Spread: 10.40 (8.254%)
Market Cap: £2.43b
INPP Live PriceLast checked at - London Stock Exchange

Intraday International Public Partnerships Share Chart

2017 Second Half Year Dividend

21 Mar 2018 07:02

RNS Number : 3981I
International Public Partnership Ld
21 March 2018
 

21 March 2018

 

2017 Second Half Year Dividend

 

The Board of International Public Partnerships Limited ("INPP"), the FTSE 250 listed infrastructure investment company, declares a distribution covering the period:

 

Distribution period:

1 July 2017 - 31 December 2017

Distribution amount per share:

3.41 pence

Ex-dividend date:

26 April 2018

Dividend record date:

27 April 2018

Last date to elect/revoke elections:

29 May 2018

Payment date/Allotment of scrip:

15 June 2018

Scrip Alternative in operation:

Yes

 

The 2017 second half year distribution of 3.41 pence per share is in line with the target previously outlined by the Directors and, as per previous periods, has been entirely funded through operating cash flow from the underlying projects.

 

The Board intend to offer a scrip dividend alternative for this distribution to those eligible INPP investors who wish to receive additional INPP securities in lieu of a cash payment. For the forthcoming dividend the Company will implement an online process reducing the need for paperwork and allowing eligible INPP shareholders access to a web-based service to elect the scrip dividend alternative. Details of this change will be sent to all eligible INPP shareholders on the register as at the record date for the dividend being 27 April 2018 with the scrip dividend circular being mailed on or about 9 May 2018, the terms of the scrip dividend alternative will also be available on the INPP website. Shareholders wishing to access the web-based service and receive electronic communications from the Company can do so at www.signalshares.com.

 

2017 and 2018 Full Year Distributions

 

The Board of Directors has established a minimum target for 2017 and 2018 distributions of 6.82 pence per share and 7.00 pence per share (respectively), providing additional guidance to investors as to the Company's future intentions. The targeted payments would represent a minimum c.2.5% increase on the preceding distributions and would continue to be in line with the growth target indicated at the time of INPP's IPO in 2006.

 

Note: The above distribution guidance is provided by the Company in consultation with its Investment Advisor as a target only and is 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.

 

Enquiries:

 

International Public Partnerships Limited

Erica Sibree

 

 

+44 (0)20 7939 0558

FTI Consulting

Ed Berry

Mitch Barltrop

 

 

+44 (0)20 3727 1046

+44 (0)20 3727 1039

 

 

About International Public Partnerships:

 

International Public Partnerships ('INPP') is a listed infrastructure investment company which invests in global public infrastructure projects developed under the public private partnerships ('PPP'), private finance initiative ('PFI'), regulated asset and other similar procurement methods.

 

Listed in 2006, INPP is a long-term investor in 129 social and transport infrastructure projects, including schools, hospitals, courts, police headquarters, transport and utility and transmission projects in the UK, Europe, Australia and North America. INPP seeks to provide its shareholders with both a long-term yield and capital growth through investment across both construction and operational phases typically of 25-40 year concessions.

 

Amber Infrastructure Group ('Amber') is the Investment Adviser to INPP and has over 100 dedicated staff who manage, advise on and originate projects for INPP.

 

Visit the INPP website at www.internationalpublicpartnerships.com for more information.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DIVMMGZFVMVGRZG
Date   Source Headline
4th May 20177:00 amRNSScrip Dividend Circular & Notice of AGM
28th Apr 201712:15 pmRNSDirector Declaration
12th Apr 201712:48 pmRNSPublication of Prospectus and Circular
31st Mar 201711:37 amRNSFinancial Close on National Grid Gas Acquisition
30th Mar 20179:00 amRNSReplacement Dividend Declaration
30th Mar 20177:01 amRNS2016 Second Half Year Dividend
30th Mar 20177:00 amRNSFull Year Results for the 12 Months to 31 Dec 16
23rd Mar 20177:00 amRNSPipeline Update
14th Feb 20171:00 pmRNSNotice of Results
12th Jan 20175:00 pmRNSHolding(s) in Company
3rd Jan 20177:00 amRNSTotal Voting Rights
28th Dec 20167:00 amRNSFurther Investment in Gold Coast Light Rail
22nd Dec 20161:49 pmRNSDirector/PDMR Shareholding
16th Dec 20164:00 pmRNSIssue of Equity
12th Dec 20165:00 pmRNSProposed Issue of Equity
8th Dec 20167:06 amRNSNational Grid Distribution Stake Acquisition
1st Dec 20167:00 amRNSTotal Voting Rights
23rd Nov 20167:00 amRNSCorporate Debt Facility Increased to £400 million
16th Nov 20167:00 amRNSPortfolio Update
8th Nov 20169:51 amRNSDirector/PDMR Shareholding
8th Nov 20167:00 amRNSDirector/PDMR Shareholding
28th Oct 20164:00 pmRNSAllotment of Scrip Dividend Shares
3rd Oct 20167:00 amRNSScrip Dividend Cicular
3rd Oct 20167:00 amRNSINPP grows investment portfolio in United States
1st Sep 20168:46 amRNSHalf-year Report to 30 June 2016 - Replacement
1st Sep 20167:02 amRNSHalf-year Report for the period to 30 June 2016
1st Sep 20167:00 amRNS2016 First Half Year Dividend
25th Aug 20167:00 amRNSFinancial Close on 10 BSF Interests
23rd Aug 20169:49 amRNSHolding(s) in Company
9th Aug 20167:00 amRNSNotice of Interim Results
1st Aug 20167:00 amRNSTotal Voting Rights
22nd Jul 201611:46 amRNSHolding(s) in Company
14th Jul 20169:39 amRNSIssue of Equity - Replacement
14th Jul 20167:00 amRNSIssue of Equity
5th Jul 201612:00 pmRNSProposed Issue of Equity
1st Jul 20165:03 pmRNSAcquisition of Ten BSF Interests
29th Jun 20162:08 pmRNSINPP acquires additional BSF Interest
29th Jun 201610:29 amRNSHolding(s) in Company
2nd Jun 20162:59 pmRNSResult of AGM
1st Jun 20167:00 amRNSTotal Voting Rights
31st May 20163:28 pmRNSDirector/PDMR Shareholding
26th May 201612:05 pmRNSHolding(s) in Company
25th May 20162:44 pmRNSHolding(s) in Company
24th May 201611:01 amRNSHolding(s) in Company
24th May 20169:50 amRNSPortfolio Update
19th May 20167:00 amRNSAllotment of Scrip Dividend Shares
9th May 20164:01 pmRNSPublication of Suppl.Prospcts
28th Apr 20168:50 amRNSConsortium to Invest in Gold Coast Light Rail
27th Apr 20167:00 amRNSFinancial Close on final PSBP Aggregator Funding
25th Apr 20167:00 amRNSScrip Dividend Circular & Notice of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.