GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Allotment of Scrip Dividend Shares

27 Oct 2011 07:00

RNS Number : 9156Q
International Public Partnership Ld
27 October 2011
 



 

27 October 2011

 

 

INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED

ALLOTMENT OF SCRIP DIVIDEND SHARES

The Board of International Public Partnerships Limited ('INPP' or the 'Company') wish to confirm the following in respect of the scrip dividend:

 

Dividend period:

1 January 2011 - 30 June 2011

Dividend amount per share:

2.925 pence

Scrip dividend price per share:

113.6 pence

Payment date/Allotment of scrip:

28 October 2011

Number of new shares issued:

3,521,274

Total number of INPP shares on issue at 28 October 2011:

534,234,191

 

 

In December 2010, the Board of Directors provided indicative guidance for the target 2011 distribution of 5.85 pence per share which, if achieved, would be a 2.6% increase on the 2010 distribution and the fourth consecutive year INPP has increased distributions above the 2.5% growth target indicated at the time of INPP's IPO in 2006. The Board today reconfirms this guidance. The second half of the 2011 distribution which is targeted to be 2.925 pence per share is expected to be paid in May 2012.

 

Note: The above distribution guidance is a target only and 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.

 

 

For further information:

Erica Sibree +44 (0)20 7939 0558Amber Fund Management Limited

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

Ed Gascoigne-Pees/Ed Berry +44 (0)20 7269 7132/7297FTI Consulting

 

Notes to Editors:

About International Public Partnerships (INPP):

 

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

 

Listed in 2006, INPP is a long-term investor in 109 social and transport infrastructure projects, including schools, hospitals, courts, police headquarters and transport projects in the U.K., Europe, Australia and Canada. INPP seeks to provide its shareholders with both a long-term government-backed 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 50 dedicated infrastructure specialists which originate and source a strong pipeline of 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
 
 
IOEUNANRABARUAA

Related Shares

Back to RNS

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.