Change of Adviser

RNS Number : 4968W

International Public Partnership Ld

29 July 2009

 



29th July 2009

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED

(formerly known as Babcock & Brown Public Partnerships Limited)

Change of Adviser

International Public Partnerships Limited is pleased to advise the appointment of Numis Securities Limited as its Corporate Broker with immediate effect.

For further information, please contact: 

International Public Partnerships Limited:        [phone] 

Bianca Francis, Chief Operating Officer 

Numis Securities Limited:                              [phone]

Nick Westlake, Advisory

Chris Gook, Sales    

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 assets with a public or social character usually 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 is owned by the individuals who have 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 (ticker INPP) 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.

 

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