AGM Statement

RNS Number : 4289V

International Public Partnership Ld

09 July 2009

 



9 July 2009

Results of Annual General Meeting

International Public Partnerships Limited ('the Company') is pleased to advise that all resolutions were passed at the Company's Annual General Meeting today.

The Company also advises that its interim results will be released on 27 August 2009.

For further information, please contact:

Giles Frost                                  [phone]

Director

Media Enquiries:

Byron Ousey/Michael Turner        [phone]

Kreab Gavin Anderson

Notes to Editors:

International Public Partnerships Limited is a closed end investment company that invests in infrastructure assets in the UK, Europe and internationally, particularly those with a public or social character such as those developed with public bodies under private finance initiative (PFI) or public private partnership (PPP) procurement.  

The portfolio consists of 50 PPP/PFI projects with more than 99% of revenues backed by Governments. There is diversification geographically as well as across several PPP/PFI sectors, including roads and tunnels, railways, schools, courthouses, police and custodial facilities, government offices and health facilities. Average remaining concession life of projects in the portfolio is 25 years, against a weighted average debt tenor of 24 years, ensuring that project debt is largely matched to concession life. 

Amber Infrastructure Group has been responsible for the development and management of the majority of these assets and will continue to manage them for the benefit of INPP shareholders. 

The company listed on the Main Market of the London Stock Exchange in November 2006, and is a constituent of the FTSE 250 and FTSE AllShare. 

Disclaimer

Nothing in this press release is intended as an offer to sell or a solicitation of an offer to buy any securities. An investment in International Public Partnerships Limited (the 'Company') carries certain risks and past performance cannot be relied on as a guide to future performance.

 

END

 

 

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