Additional Share Admission an

RNS Number : 8071X

Babcock&Brown Public Ptnrships Ltd

30 June 2008

 

ADMISSION OF ADDITIONAL SHARES TO THE OFFICIAL LIST AND COMMENCEMENT OF UNCONDITIONAL DEALINGS

Babcock & Brown Public Partnerships Limited ('BBPP') is pleased to announce that 74,714,645 additional Ordinary Shares have been admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. 

Unconditional dealings in the additional Ordinary Shares will commence from 8:00am today. The total number of BBPP Shares is now 374,714,645.

ENDS

For further information please contact:

Investors

Bianca Francis

Babcock & Brown

[phone]

Media

Anthony Kennaway

Babcock & Brown

[phone]

About Babcock & Brown Public Partnerships

Babcock & Brown Public Partnerships Limited is a Guernsey incorporated company. The Company offers shareholders an exposure to investment in infrastructure assets, particularly those with a public or social character such as those developed under public bodies under private finance initiative or public private partnership procurements. 

The Company floated on the main market of the London Stock Exchange on 9th November 2006 and on 25 June 2008 had a market capitalisation of £411  million. The Company's assets are diversified geographically as well as across several PPP/PFI sectors, including roads and tunnels, rail, schools, courthouses, police and custodial facilities, government offices and health facilities. Babcock & Brown has been responsible for the development and management of the majority of these assets and through Babcock & Brown Investment Management Limited (BBIML) will continue to manage them for the benefit of BBPP. 

 

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