Grant of Share Awards under LTIP

BBGI Global Infrastructure S.A.

09 February 2024

 

9 February 2024

BBGI Global Infrastructure S.A.

(the "Company")

Grant of Share Awards under Long Term Incentive Plan ('LTIP')

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment company, announces in accordance with Market Abuse Regulations that on 8 February 2024 the Company's Chief Executive Officer, Duncan Ball, the Company's Chief Financial and Operating Officer, Michael Denny, and the Company's Executive Director Andreas Parzych were granted conditional awards of the Company's ordinary shares under the Company's LTIP. The awards granted are subject to performance and contractual conditions.

The number of shares subject to the awards was determined by using the average closing price of the Company's share price during December 2023, as ascertained by the Official List, which was 134.31p per share.

Subject to the achievement of the performance conditions, the awards will vest after 31 December 2026.

Executive                                   Maximum

Share Award

Duncan Ball                                  791,704

Michael Denny                               367,527

Andreas Parzych                           120,341

FOR FURTHER INFORMATION, PLEASE CONTACT: 

BBGI Management Team	[phone]
Duncan Ball, CEO
Michael Denny, CFOO
H/Advisors Maitland (Communications advisor)	[e-mail]
James Benjamin	[phone]
Rachel Cohen	[phone]

NOTES

BBGI Global Infrastructure S.A. (BBGI) is a responsible infrastructure investment company and a constituent of the FTSE 250 that invests in and actively manages for the long-term a globally diversified, low-risk portfolio of essential social infrastructure investments.

BBGI is committed to delivering stable and predictable cash flows with progressive long-term dividend growth and attractive, sustainable, returns for shareholders. BBGI has a proactive approach to preserving and enhancing the value of its investments, and to delivering well maintained social infrastructure for communities and end users, whilst serving society by supporting local communities.

All of BBGI's investments are supported by secure public sector-backed contracted revenues, with high quality inflation linked characteristics. BBGI's investment portfolio is 100% operational with all its investments located across highly rated investment grade countries with stable, well developed operating environments.

BBGI's in-house management team is incentivised by shareholder returns and consistently maintains low comparative ongoing charges.

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

The Company's LEI: 529900CV0RWCOP5YHK95

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.                               

 

END