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BBGI SICAV SA declares an interim dividend of 3.59 pence per share

BBGI SICAV SA (LON:BBGI), the global infrastructure investment company, has declared an interim dividend of 3.59 pence per share with scrip alternative for the period 1 January – 30 June 2020, to be paid on 22 October 2020. Payment of this interim dividend is consistent with the Company’s target dividend payment of 7.18 pence per share in respect of the financial year ended 31 December 2020.

Details of the interim dividend are as follows:

Dividend per share: 3.59 pence     

Ex-Dividend date: 10 September 2020                                                                       

Dividend Record date: 11 September 2020  

Depository Interest Holders last date to make scrip dividend election: 7 October 2020                                

Shareholders last date to make scrip dividend election: 8 October 2020

Payment date/Allotment of scrip dividend shares: 22 October 2020

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 21 September 2020 to all eligible BBGI shareholders on the register as at the dividend record date, being 11 September 2020. The scrip dividend elections will need to be received as instructed by 7 October 2020 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, 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 BBGI SICAV SA 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.

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