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INPP International Public Partnerships Ld

129.00
0.20 (0.16%)
Last Updated: 10:46:29
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
International Public Partnerships Ld LSE:INPP London Ordinary Share GB00B188SR50 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.16% 129.00 128.80 129.20 129.00 128.60 129.00 820,037 10:46:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 72.02M 27.86M 0.0163 79.14 2.2B

International Public Partnership Ld Appointment of Michael Gerrard as Chairman (8137L)

02/01/2019 7:00am

UK Regulatory


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RNS Number : 8137L

International Public Partnership Ld

02 January 2019

Appointment of michael gerrard as chairman

2 January 2019

Further to the announcement issued on 4 September 2018, International Public Partnerships, the listed infrastructure company ('the Company', 'INPP') has appointed Mr. Michael Gerrard as Chairman of the Board of Directors (the 'Board') with effect from 1 January 2019.

Mr Gerrard was appointed to the Board as an independent non-executive director on 4 September 2018, with the intention of assuming the role of Chairman upon Mr. Rupert Dorey's retirement on 31 December 2018.

Biography for Mr. Michael Gerrard

Mr. Gerrard has 30 years of financial and management experience in global infrastructure investment. He has held a number of senior positions, including as an assistant director of Morgan Grenfell plc, a director of HM Treasury Taskforce, and deputy CEO and later CEO of Partnerships UK plc. Mr. Gerrard has a breadth of experience across a range of economic and social infrastructure sectors and has been involved in some of the largest infrastructure projects in the UK.

John Whittle, Senior Independent Director said: "On behalf of the Board, I would like to thank the outgoing Chairman, Rupert Dorey, for his services as Chairman and Independent Director of the Company, since its inception in 2006. His valuable contribution has seen the Company grow from c.GBP300 million to over GBP2 billion, and the portfolio has continued to evolve distinguishing INPP as a leading infrastructure investment specialist. The Board and I welcome Mike as his successor as Chairman and look forward to building on this success."

ENDS.

For further information:

   Erica Sibree/Amy Joslin                                                 +44 (0)20 7939 0558/0587 

Amber Fund Management Limited

   Hugh Jonathan                                                                 +44 (0)20 7260 1263 

Numis Securities

   Ed Berry/Mitch Barltrop                                                 +44 (0) 20 3727 1046/1039 

FTI Consulting

About International Public Partnerships (INPP):

International Public Partnerships ('INPP') is a listed infrastructure investment company which invests in global public infrastructure projects and businesses.

Listed in 2006, INPP is a long-term investor in 130 infrastructure projects and businesses, including schools, hospitals, courts, police headquarters, transport, utility and transmission projects in the UK, Europe, Australia and North America. INPP seeks to provide its shareholders with both a long-term yield and capital growth through investment across both construction and operational phases typically of 25-40 year concessions.

Amber Infrastructure Group ('Amber') is the Investment Adviser to INPP and consists over 120 dedicated staff who manage, advise on and originate investments for INPP.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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(END) Dow Jones Newswires

January 02, 2019 02:00 ET (07:00 GMT)

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