Changes to Director Roles and Responsibilities

RNS Number : 6003W

International Public Partnership Ld

31 December 2013

 



International Public Partnerships Limited

("INPP" or the "Company")

Changes to Director Roles and Responsibilities

31 December 2013

In accordance with Listing Rule 9.6.11, International Public Partnerships Limited ("INPP" or the "Company") confirms that, with effect from 31 December 2013, Keith Dorrian has stepped down as Chairman of the Board and will not offer himself for re-election at the 2014 Annual General Meeting. The remainder of the Board would like to express their appreciation to Keith for his guidance and leadership during his tenure as Chairman.

With effect from 31 December 2013, Rupert Dorey has been appointed as Chairman of the Board and he looks forward to working with the Board in his new role.

As a result of these changes, John Whittle has been appointed as Chairman of the Audit Committee as well as the newly created role of Senior Independent Director. In addition, John Stares has been appointed as Risk Chairman which comes within a more specifically detailed risk remit for the Audit Committee.

For further information:

Erica Sibree                                                                  [phone]

Amber Fund Management Limited                                              

Nick Westlake/Hugh Jonathan                                        [phone]/1263

Numis Securities

Ed Berry/Jack Hickey                                                     [phone]/7196
FTI Consulting

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), private finance initiative (PFI), regulated asset and other similar procurement methods.

Listed in 2006, INPP is a long-term investor in 122 social and transport infrastructure projects, including schools, hospitals, courts, police headquarters, transport and utility and transmission projects in the U.K., Europe, Australia and Canada. INPP seeks to provide its shareholders with both a long-term 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 approximately 70 dedicated staff who manage, advise on and originate projects for INPP.

Visit the INPP website at www.internationalpublicpartnerships.com for more information.

 

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