Allotment of Scrip Dividend Shares

RNS Number : 0091G

International Public Partnership Ld

05 May 2011

 

 5 May 2011

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 2010 - 31 December 2010
Dividend amount per share:	2.85 pence
Scrip dividend price per share:	110.74 pence
Payment date/Allotment of scrip:	6 May 2011
Number of new shares issued:	3,244,167
Total number of INPP shares on issue at 6 May 2011:	484,284,470

The Board today reconfirms the guidance of 5.85 pence per share for the 2011 full year distribution. The first half of this distribution, which is targeted to be 2.925 pence per share, is expected to be paid in October 2011. The second half is expected to be paid in May 2012.

Note: The above distribution guidance 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:

Bianca Francis/Jamie Hossain                                   [phone]/0572

Amber Fund Management Limited                                        

Nick Westlake/Hugh Jonathan                                    [phone]/1263

Numis Securities      

Ed Gascoigne-Pees/Ed Berry                                     [phone]/7297
Financial Dynamics

Notes to Editors:

About International Public Partnerships (INPP):

International Public Partnerships (INPP) is a listed infrastructure investment company which invests in global public infrastructure projects developed under the public private partnerships (PPP) and private finance initiative (PFI) procurement methods.

Listed in 2006, INPP is a long-term investor in 60 social and transport infrastructure projects, including schools, hospitals, courts and police headquarters in the UK, Europe, Australia and Canada. INPP seeks to provide its shareholders with both a long-term government-backed yield and capital growth through investment across both construction and operational phases of 25-40 year concessions.

Amber Infrastructure Group (Amber) is the Investment Advisor to INPP and consists of 50 dedicated infrastructure specialists which originate and source a strong pipeline of projects for INPP.

 

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