By Wahida Swaleh
Date: Thursday 19 Jun 2014
LONDON (ShareCast) - FTSE-small cap listed equity investment firm Bilfinger Berger Global Infrastructure has completed the acquisition of an additional 41.2% to equity interest in the E18 Roadway Project in Norway.
The group now owns 100% of the equity interest in E18, located in Norway from Sundt AS, which was announced on May 30th.
The project, a long-term PPP concession contract, will operate a new section of highway between Grimstad and Kristiansand in Norway and is part of the trunk road from Oslo to Kristiansand. The concession expires in 2034 and is availability-based with no volume risk.
The acquisition price of approximately £12.5m was funded from the company's existing cash resources and drawings from the credit facility.
As of 10:24 the share price had risen 0.11% to 116p.
WS
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 134.80p |
Change Today | 1.20p |
% Change | 0.90 % |
52 Week High | 144.80 |
52 Week Low | 122.00 |
Volume | 1,398,456 |
Shares Issued | 714.73m |
Market Cap | £963.46m |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 0 |
Buy | 1 |
Neutral | 1 |
Sell | 1 |
Strong Sell | 0 |
Total | 3 |
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 |
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 |
CEO | Duncan Ball |
CFO | Michael Denny |
You are here: research