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

Sector:

Investment Firms

Index:

FTSE 250

138.80p
   
  • Change Today:
    -3.40p
  • 52 Week High: 149.80
  • 52 Week Low: 122.00
  • Currency: UK Pounds
  • Shares Issued: 713.77m
  • Volume: 1,657,210
  • Market Cap: £990.71m

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 138.80p
Change Today -3.40p
% Change -2.39 %
52 Week High 149.80
52 Week Low 122.00
Volume 1,657,210
Shares Issued 713.77m
Market Cap £990.71m

BBGI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.23% above the market average68.23% above the market average68.23% above the market average68.23% above the market average68.23% above the market average
34.46% below the sector average34.46% below the sector average34.46% below the sector average34.46% below the sector average34.46% below the sector average
Price Trend
11.84% below the market average11.84% below the market average11.84% below the market average11.84% below the market average11.84% below the market average
32.33% below the sector average32.33% below the sector average32.33% below the sector average32.33% below the sector average32.33% below the sector average
Income
63.86% above the market average63.86% above the market average63.86% above the market average63.86% above the market average63.86% above the market average
78.38% below the sector average78.38% below the sector average78.38% below the sector average78.38% below the sector average78.38% below the sector average
Growth
54.95% below the market average54.95% below the market average54.95% below the market average54.95% below the market average54.95% below the market average
50.82% below the sector average50.82% below the sector average50.82% below the sector average50.82% below the sector average50.82% 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 10-May-2024

Time Volume / Share Price
16:18 825 @ 138.80p
16:18 14,000 @ 139.00p
16:17 7,632 @ 138.20p
16:17 1,600 @ 138.40p
16:17 2,100 @ 138.80p

BBGI Key Personnel

CEO Duncan Ball
CFO Michael Denny

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