BBGI SICAV S.A. Final Dividend (7380D)

TIDMBBGI

RNS Number : 7380D

BBGI SICAV S.A.

28 April 2017

28 April 2017

BBGI SICAV S.A.

(the "Company")

Final Dividend

BBGI SICAV S.A. (LSE ticker: BBGI), the international PPP infrastructure investment company, is pleased to announce that a final dividend with scrip alternative for the year ended 31 December 2016 has been approved by shareholders at the Annual General Meeting of the Company held today, 28 April 2017.

Details of the final dividend are as follows:

Dividend per share: 3.125 pence

Ex-Dividend date: 11 May 2017

Dividend Record date: 12 May 2017

Depository Interest Holders last date to make scrip dividend election:

8 June 2017

Shareholders last date to make scrip dividend election: 9 June 2017

Payment date/Allotment of scrip dividend shares: 28 June 2017

Payment of this final dividend is consistent with the Company's target dividend payment of at least 6.25 pence per share p.a.

A scrip alternative is being offered with this dividend to those investors who wish to receive additional BBGI securities in lieu of a cash payment. A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms will be mailed on or about 22 May 2017 to all eligible BBGI shareholders on the register as at the dividend record date, being 12 May 2017. The scrip dividend elections will need to be received as instructed by 8 June 2017 from those investors holding depository interests who wish to receive depository interests representing shares in lieu of cash. Full details of how and when to respond will be contained in the circular.

Distributions on the ordinary shares are planned to be paid twice a year, normally in respect of the six months to 30 June and 31 December, subject to market conditions and to conditions as prescribed by Luxembourg law.

Note: The distribution guidance above 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, please contact:

   BBGI Management Team        [phone] 

Duncan Ball

Frank Schramm

BBGI owns a global portfolio of 39 infrastructure assets. These are PPP assets and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

Further information about BBGI is available on its website at www.bb-gi.com *.

Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).

* Neither the Company's website nor the content of any website accessible from hyperlinks on its website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

April 28, 2017 09:43 ET (13:43 GMT)