Allotment of Scrip Dividend S

RNS Number : 3998L

International Public Partnership Ld

05 May 2010

 



5 May 2010

INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED

ALLOTMENT OF SCRIP DIVIDEND SHARES

The Board of International Public Partnerships Limited ('INPP' or the 'Company') wish to confirm the following in respect of the scrip dividend:

Dividend period:	1 July 2009 - 31 December 2009
Dividend amount per share:	2.775 pence
Scrip dividend price per share:	113.38 pence
Payment date/Allotment of scrip:	6 May 2010
Number of new shares issued:	1,216,998
Total number of INPP shares on issue at 6 May:	454,426,951

The Company also wishes to advise that it intends to issue 2,991,220 further securities to the Investment Advisor, Amber Fund Management Limited, as part payment for the performance fee that related to the period 1 July 2009 - 31 December 2009. These shares will be issued at 114.2 pence per share, being the closing price of the shares as at 30 April 2010 and are expected to be admitted to trading by the end of May 2010. Following the allotment, the Investment Advisor will hold 0.7% of the issued share capital. The total number of shares on issue will be 457,418,171.

For further information:

Bianca Francis                                                         

Amber Fund Management Limited                                

[phone]

[e-mail]

Nick Westlake

Numis Securities Limited      

[phone]

[e-mail] 

 

END

 

 

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