Final Dividend

RNS Number : 9673F

Bilfinger Berger Gbl Infrstre SICAV

30 April 2014

 



30 April 2014

BBGI SICAV S.A.

Final Dividend

BBGI SICAV S.A. (the "Company"/"BBGI") is pleased to announce that a final dividend with scrip alternative for the year ended 31 December 2013 has been approved by shareholders at the Annual General Meeting of the Company held today, 30 April 2014.

Details of the final dividend are as follows:

Dividend per share:                                                                                                               2.75 pence

Ex-Dividend date:                                                                                                                  7 May 2014

Dividend Record date:                                                                                                          9 May 2014

Depository Interest Holders last date to make scrip dividend election:                               5 June 2014

Shareholders last date to make scrip dividend election:                                                     6 June 2014

Payment date/Allotment of scrip dividend shares:                                                            27 June 2014

Payment of this interim dividend is consistent with the Company's target dividend payment of at least 5.5% p.a. by reference to the Issue Price as set out in the Company's Prospectus dated 6 December 2011.

A scrip alternative is being offered with this dividend to those investors who wish to receive additional BBGI securities in lieu of a cash payment.  A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms will be mailed on or about 16 May 2014 to all eligible BBGI shareholders on the register as at the dividend record date, being 9 May 2014. The scrip dividend elections will need to be received as instructed by 5 June 2014 from those investors holding depository interests who wish to receive depository interests representing shares in lieu of cash.  Full details of how and when to respond will be contained in the circular.

Distributions on the ordinary shares are planned to be paid twice a year, normally in respect of the six months to 30 June and 31 December, subject to market conditions and to conditions as prescribed by Luxembourg law.

Note: The distribution guidance above is a target only and not a profit forecast. There can be no assurance that this target will be met or that the Company will make any distributions whatsoever.  The times and dates in this announcement are expected times and dates only and are subject to change. Any such changes will be notified to shareholders through a Regulatory Information Service.

For further information, please contact:

BBGI SICAV S.A.       [phone]

Frank Schramm

Duncan Ball

 

END

 

 

DIVIMMITMBAJBJI