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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.

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Directorate Change

31 Dec 2012 09:44

RNS Number : 5389U
International Public Partnership Ld
31 December 2012
 

31 December 2012

 

INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED

("INPP" or the "Company")

 

RESIGNATION OF DIRECTOR

 

The Board of INPP today advises that Carol Goodwin, who has served as an independent non-executive director since 2007, as a member of the Audit Committee and as chairman of the Management Engagement Committee, has resigned as a Director of the Company with effect from today for personal family reasons.

 

The Chairman said "whilst it has been anticipated for some time, it is with a great level of regret that the Board has now had to accept Carol's resignation".

 

The Chairman, on behalf of the whole Board, wished to thank her for her valuable contribution over the years adding "Carol has given a great deal to the Company and her input, knowledge, experience and business acumen have been key elements in the success and continuing development of INPP.

 

"Carol informed the Board of the circumstances leading to her resignation and, in recognition of the situation, Claire Whittet was appointed to the Board in September 2012. Carol stands out as a shining example of a good non-executive director and I am sure that Claire will be a worthy successor, ensuring the Board's ability to continue to benefit from a proper breadth of opinion and experience from appropriately qualified Directors."

 

For further information:

Erica Sibree +44 (0)20 7939 0558

Amber Fund Management Limited

 

Nick Westlake/Hugh Jonathan +44 (0)20 7260 1345/1263

Numis Securities

 

Ed Berry/Harry Stein +44 (0)20 7269 7297/7141FTI 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 122 social and transport infrastructure projects, including schools, hospitals, courts, police headquarters, transport and utility and transmission projects in the U.K., Europe, Australia and Canada. INPP seeks to provide its shareholders with both a long-term yield and capital growth through investment across both construction and operational phases of 25-40 year concessions.

 

Amber Infrastructure Group (Amber) is the Investment Advisor to INPP and consists of more than 80 dedicated staff who manage, advise on and originate projects for INPP.

 

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

 

Disclaimer

 

Nothing in this press release is intended as an offer to sell or a solicitation of an offer to buy any securities. An investment in International Public Partnerships Limited (the "Company") carries certain risks and past performance cannot be relied on as a guide to future performance.

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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