George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

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)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 124.00
Bid: 124.00
Ask: 124.40
Change: 0.00 (0.00%)
Spread: 0.40 (0.323%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 124.00
INPP Live PriceLast checked at -
International Public Partnerships is an Investment Trust

To provide shareholders with long-term, inflation-linked returns, by growing dividends and creating the potential for capital appreciation through high-quality public infrastructure projects internationally or located within core OECD countries.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Carillion Update

1 May 2018 07:00

RNS Number : 6611M
International Public Partnership Ld
01 May 2018
 

CARILLION UPDATE

 

1 May 2018

 

 

International Public Partnerships Limited ('the Company', 'INPP'), the listed infrastructure investment company, provides an update on the impact of the collapse of Carillion plc ('Carillion') on its business and investment activities.

 

The Company is pleased to announce good progress with the orderly transition of responsibility for facilities management services on the 24 individual facilities (representing c.3% by investment fair value) within the Company's portfolio where subsidiaries of Carillion provided facilities management services.

 

Services have continued to be provided in line with contract specifications at all the affected facilities and there has been no impact on the availability of the facilities to their public sector users. The Company through its Investment Adviser has maintained an active dialogue with all the affected users and we believe that there has been no adverse impact on public services as a result.

 

As at 30 April 2018 services have been transitioned to new providers at 22 facilities (representing c.3% by investment fair value). In the case of 14 of these locations this is on a permanent basis and in the case of 8 facilities this is on an interim basis but with the expectation that the transferee will take a permanent transfer shortly.

 

At the remaining 2 facilities (representing less than 1% by investment fair value) services continue to be provided via the liquidator. At both facilities commercial terms for the transfer have been agreed but local authority consent to the transfer is awaited. At the remaining facilities we understand that an agreement in principle has been reached for transfer but Amber Asset Management Limited are not in charge of the process. All transfers are expected to provide for the continuation of the provision of facilities management services on no worse financial terms than those which applied prior to the collapse of Carillion

 

INPP reaffirms its guidance that it does not expect the costs (including any known defects remediation costs) or any loss of income to the Company associated with the collapse of Carillion to exceed £1.5m (which in NAV terms would be approximately one tenth of a penny per share) and will continue to work to reduce this number if possible.

 

 

ENDS.

 

 

For further information:

 

Erica Sibree +44 (0)20 7939 0558

Amber Fund Management Limited

 

Hugh Jonathan +44 (0)20 7260 1263

Numis Securities

 

Ed Berry/Mitch Barltrop +44 (0) 20 3727 1046/1039FTI Consulting

About International Public Partnerships (INPP):

 

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 consists over 100 dedicated staff who manage, advise on and originate investments for INPP.

 

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

 

Important information

 

This announcement contains information that is inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014.

This announcement is an advertisement. It does not constitute a prospectus relating to the Company and does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares in the Company in any jurisdiction 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 or act as any inducement to enter into, any contract therefor. 

Forward-looking statements are subject to risks and uncertainties and accordingly the Company's actual future financial results and operational performance may differ materially from the results and performance expressed in, or implied by, the statements. These forward-looking statements speak only as at the date of this announcement. The Company, Amber and Numis Securities expressly disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the assumptions, conditions or circumstances on which any such statements are based unless required to do so by the Financial Services and Markets Act 2000, the Prospectus Rules of the Financial Conduct Authority or other applicable laws, regulations or rules.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSDDESSFASELL
Date   Source Headline
28th Mar 20247:01 amRNS2023 Second Half-Year Dividend
28th Mar 20247:00 amRNSFull year results to year ended 31 December 2023
27th Mar 20247:00 amRNSTransaction in Own Shares
26th Mar 20247:00 amRNSTransaction in Own Shares
19th Mar 20241:46 pmRNSTransaction in Own Shares
18th Mar 202412:27 pmRNSTransaction in Own Shares
12th Mar 202411:03 amRNSTransaction in Own Shares
12th Mar 20247:00 amRNSTransaction in Own Shares
8th Mar 20247:00 amRNSTransaction in Own Shares
7th Mar 20247:00 amRNSTransaction in Own Shares
1st Mar 20247:00 amRNSTotal Voting Rights
29th Feb 20247:00 amRNSTransaction in Own Shares
28th Feb 20247:00 amRNSTransaction in Own Shares
26th Feb 20247:00 amRNSNotice of Results
20th Feb 20241:10 pmRNSTransaction in Own Shares
19th Feb 20244:07 pmRNSTransaction in Own Shares
16th Feb 20247:00 amRNSINPP Reaches Financial Close on Moray East OFTO
16th Feb 20247:00 amRNSTransaction in Own Shares
8th Feb 202411:17 amRNSTransaction in Own Shares
7th Feb 20247:00 amRNSTransaction in Own Shares
5th Feb 20247:00 amRNSTransaction in Own Shares
2nd Feb 20247:00 amRNSCapital Markets Day - 27 February 2024
1st Feb 20247:01 amRNSTotal Voting Rights
1st Feb 20247:00 amRNSTransaction in Own Shares
29th Jan 20247:00 amRNSShare Buyback Management
26th Jan 20243:10 pmRNSTransaction in Own Shares
26th Jan 20247:00 amRNSTransaction in Own Shares
25th Jan 20247:00 amRNSTransaction in Own Shares
24th Jan 20247:00 amRNSTransaction in Own Shares
21st Dec 202310:41 amRNSDirector/PDMR Shareholding
20th Dec 20239:52 amRNSOFGEM announcement on Moray East OFTO investment
20th Dec 20237:00 amRNSPortfolio Optimisation & Capital Allocation Update
5th Dec 20239:57 amRNSPortfolio Update & Rescheduled Capital Markets Day
29th Nov 20235:07 pmRNSDirector Declaration
25th Sep 202311:30 amRNSHolding(s) in Company
20th Sep 20234:05 pmRNSUpdate to Capital Markets Day
7th Sep 20237:01 amRNSHalf-year Results for Six Months to 30 June 2023
7th Sep 20237:00 amRNS2023 First Half-Year Dividend
4th Sep 20234:48 pmRNSClarification about RAAC and INPP’s Portfolio
30th Aug 20237:00 amRNSNotice of Interim Results
21st Aug 20235:38 pmRNSHolding(s) in Company
26th Jul 20237:00 amRNSMarket Update, Realisation and Capital Markets Day
29th Jun 202310:10 amRNSTideway’s relationship with Thames Water
9th Jun 20237:00 amRNSINPP - Financial close on first NZ Investments
31st May 20233:44 pmRNSResult of AGM
25th May 20237:00 amRNSPortfolio Update
28th Apr 20238:35 amRNSNotice of AGM
21st Apr 20237:00 amRNSINPP increases and extends its debt facility
5th Apr 20233:32 pmRNSDirector/PDMR Shareholding
30th Mar 20237:01 amRNS2022 Second Half-Year Dividend

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.