Transaction in Own Shares

BBGI Global Infrastructure S.A.

10 May 2024

 

10 May 2024

BBGI Global Infrastructure S.A.

(the "Company")

Transaction in Own Shares

BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment company, announces that on 9 May 2024, the Company purchased the following number of its ordinary shares on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting held on 30 April 2024;

Date of purchase	9 May 2024
Total number of shares purchased	654,064 shares
Lowest price paid per share	GBP 1.404
Highest price paid per share	GBP 1.422
Weighted average price	GBP 1.41526

The Company intends for the purchased shares to be held in treasury and be used to satisfy the vesting of share awards to the Management Board under the Company's Long Term Incentive Plan (LTIP) and Short Term Incentive Plan (STIP) and to BBGI employees under the Restricted Share Plan. Following the purchase of 654,064 shares on 9 May 2024, the Company has now acquired sufficient shares into Treasury to meet its expected near term vesting requirements.

Following the purchase, the Company holds as Treasury shares 1,107,386 Ordinary Shares, representing 0.15% of the total issued ordinary share capital of the Company.

The resulting issued ordinary share capital following the purchase is 713,769,251 Ordinary Shares (excluding shares held in treasury). Treasury shares do not count towards the total number of Ordinary Shares with voting rights.

Therefore the figure of 713,769,251 Ordinary Shares may be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

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