BBGI Global Infrastructure S.A. NPV (DI) (BBGI)

Sector:

Investment Firms

Index:

FTSE 250

167.20p
   
  • Change Today:
      2.20p
  • 52 Week High: 180.40
  • 52 Week Low: 163.80
  • Currency: UK Pounds
  • Shares Issued: 713.26m
  • Volume: 502,456
  • Market Cap: £1,192.57m

BBGI SICAV ups stake in Ohio River Bridges project

By Iain Gilbert

Date: Thursday 16 May 2019

LONDON (ShareCast) - (Sharecast News) - PPP infrastructure investment firm BBGI SICAV has acquired a further 33.3% interest in the Ohio River Bridges - East End Crossing Project, taking its total ownership to 66.6% of the project.
BBGI SICAV will fund the acquisition of the large-scale availability-based infrastructure project from its existing cash resources and drawings under its credit facility and while it did not disclose the value of the transaction, the FTSE 250 resident assured investors the consideration was in line with its current valuation.

Co-chief executive Duncan Ball said: "Ohio River Bridges is now one of the largest investments in our portfolio and we are delighted to have been able to increase our holding in this high quality, stable, operational US PPP project.

"Having been involved in the project from construction and then into operation, we know the asset well and have been very pleased with the performance to-date. Given our existing involvement with this project, no additional management resources will be needed to oversee the incremental investment, helping to contribute to BBGI's low on-going charge"

As of 0815 BST, BBGI SICAV shares had inched forward 0.35% to 157.55p.

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BBGI Market Data

Currency UK Pounds
Share Price 167.20p
Change Today 2.20p
% Change 1.33 %
52 Week High 180.40
52 Week Low 163.80
Volume 502,456
Shares Issued 713.26m
Market Cap £1,192.57m

BBGI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
46.3% below the market average46.3% below the market average46.3% below the market average46.3% below the market average46.3% below the market average
69.18% below the sector average69.18% below the sector average69.18% below the sector average69.18% below the sector average69.18% below the sector average
Price Trend
4.33% above the market average4.33% above the market average4.33% above the market average4.33% above the market average4.33% above the market average
26.58% below the sector average26.58% below the sector average26.58% below the sector average26.58% below the sector average26.58% below the sector average
Income
22.12% above the market average22.12% above the market average22.12% above the market average22.12% above the market average22.12% above the market average
69.09% above the sector average69.09% above the sector average69.09% above the sector average69.09% above the sector average69.09% above the sector average
Growth
2.86% below the market average2.86% below the market average2.86% below the market average2.86% below the market average2.86% below the market average
33.13% above the sector average33.13% above the sector average33.13% above the sector average33.13% above the sector average33.13% above the sector average

BBGI Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 24-Feb-22 09-Sep-21
Paid 07-Apr-22 21-Oct-21
Amount 3.67p 3.67p

Trades for 23-May-2022

Time Volume / Share Price
16:35 43,238 @ 167.20p
16:29 20 @ 167.00p
16:29 505 @ 166.80p
16:29 180 @ 167.00p
16:28 352 @ 167.00p

BBGI Key Personnel

CFO Michael Denny
Chair Sarah Whitney

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