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

Sector:

Investment Firms

Index:

FTSE 250

134.80p
   
  • Change Today:
      1.20p
  • 52 Week High: 144.80p
  • 52 Week Low: 122.00p
  • Currency: UK Pounds
  • Shares Issued: 714.73m
  • Volume: 1,398,456
  • Market Cap: £963.46m

Bilfinger Berger looks to raise funds for acquisition

Date: Wednesday 02 Oct 2013

LONDON (ShareCast) - Bilfinger Berger Global Infrastructure’s shares fell after saying it looks to raise up to 200m pounds to fund the acquisition of new infrastructure.

The infrastructure investment trust is considering raising additional equity capital in the fourth quarter to finance the potential purchase of up to 11 pipeline projects with a potential value of around £200m.

Bilfinger said it intends to raise equity by way of a placing, open offer and an offer for the subscription of new shares.

The group will produce a prospectus for the new share issue “in due course” and proposed an extraordinary general meeting (EGM) for shareholders to approve the issue.

The investment trust is trading on a 15.5% premium to its net asset value, according to data from the Association of Investment Companies.

Shares were down 1.93% to 114.50p at 09:48 on Wednesday.

RD

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BBGI Market Data

Currency UK Pounds
Share Price 134.80p
Change Today 1.20p
% Change 0.90 %
52 Week High 144.80p
52 Week Low 122.00p
Volume 1,398,456
Shares Issued 714.73m
Market Cap £963.46m

BBGI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.38% above the market average78.38% above the market average78.38% above the market average78.38% above the market average78.38% above the market average
66.78% below the sector average66.78% below the sector average66.78% below the sector average66.78% below the sector average66.78% below the sector average
Price Trend
23.97% below the market average23.97% below the market average23.97% below the market average23.97% below the market average23.97% below the market average
51.66% below the sector average51.66% below the sector average51.66% below the sector average51.66% below the sector average51.66% below the sector average
Income
70.45% above the market average70.45% above the market average70.45% above the market average70.45% above the market average70.45% above the market average
84.96% below the sector average84.96% below the sector average84.96% below the sector average84.96% below the sector average84.96% below the sector average
Growth
52.97% below the market average52.97% below the market average52.97% below the market average52.97% below the market average52.97% below the market average
46.58% below the sector average46.58% below the sector average46.58% below the sector average46.58% below the sector average46.58% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 1
Sell 1
Strong Sell 0
Total 3
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BBGI Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 22-Feb-24 07-Sep-23
Paid 05-Apr-24 19-Oct-23
Amount 3.96p 3.96p

Trades for 03-Jun-2024

Time Volume / Share Price
16:35 347,285 @ 134.80p
16:35 1 @ 134.80p
16:35 3,663 @ 134.80p
16:35 18 @ 134.80p
16:35 6,686 @ 134.80p

BBGI Key Personnel

CEO Duncan Ball
CFO Michael Denny

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