International Public Partnerships Regulatory News (INPP)

14 Dec 2007 11:39

Babcock&Brown Public Ptnrships Ltd14 December 2007 BABCOCK & BROWN PUBLIC PARTNERSHIPS LIMITED (the "Company") Result of EGM The Board of Babcock & Brown Public Partnerships Limited (the "Company")announces that at the Extraordinary General Meeting of the Company held today,the resolutions put to the meeting were duly passed. The resolutions passed: (a) approved the proposed acquisitions of assets andinterests in respect of five PFI/PPP infrastructure projects by subsidiaries ofthe Company from related parties of the Company; and (b) approved the amendmentto the Company's Articles of Association by the inclusion of pre-emption rightson the issue of shares in the capital of the Company for cash, in each case asdetailed in the circular to shareholders dated 26 November 2007 (the"Circular"). Terms used in this announcement shall have the same meaning as those set out inthe Circular. Copies of the resolutions passed have been submitted to theDocument Viewing Facility of the UK Listing Authority and will shortly beavailable for inspection at: Financial Services Authority25 the North ColonnadeCanary WharfLondon E14 5HSTel. No. (0)20 7066 1000 14 December 2007 For further information, please contact: Babcock & Brown: +44 (0)20 7203 7300 Investors Bianca FrancisMedia Anthony Kennaway Heritage International FundManagers Limited, Secretary: +44 (0) 1481 716000 Laurence McNairn Notes About Babcock & Brown Public Partnerships Limited: Babcock & Brown Public Partnerships Limited is a Guernsey incorporated, LondonStock Exchange listed company. The Company offers shareholders an exposure toinvestment in infrastructure assets, particularly those with a public or socialcharacter such as those developed under public bodies under private financeinitiative or public private partnership procurements. The Company floated on the main market of the London Stock Exchange on 9November 2006 and on 16 November 2007 had a market capitalisation of £321.8million. This information is provided by RNS The company news service from the London Stock Exchange