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Allotment of Scrip Dividend Shares

14 Oct 2010 09:40

RNS Number : 3812U
International Public Partnership Ld
14 October 2010
 



 

14 October 2010

 

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 2010 - 30 June 2010

Dividend amount per share:

2.85 pence

Scrip dividend price per share:

111.6 pence

Payment date/Allotment of scrip:

15 October 2010

Number of new shares issued:

1,622,132

Total number of INPP shares on issue at 15 Oct:

479,040,303

 

 

The Board today reconfirms the guidance of 5.70 pence per share for the 2010 full year distribution. The second half of this distribution, which is targeted to be 2.85 pence per share, is expected to be paid in May 2011.

 

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:

 

Bianca Francis +44 (0)20 7939 0558

Amber Fund Management Limited

 

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

Numis Securities

Ed Gascoigne-Pees/Ed Berry +44 (0)20 7269 7132/7297 Financial Dynamics

 

Notes to Editors:

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) and private finance initiative (PFI) procurement methods.

 

Listed in 2006, INPP is a long-term investor in 53 social and transport infrastructure projects, including schools, hospitals, courts and police headquarters in the UK, 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 50 dedicated infrastructure specialists which originate and source a strong pipeline of projects for INPP.

 

 

 

 

 

 

 

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