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

Sector:

Investment Firms

Index:

FTSE 250

139.20p
   
  • Change Today:
    -3.00p
  • 52 Week High: 149.80
  • 52 Week Low: 122.00
  • Currency: UK Pounds
  • Shares Issued: 713.77m
  • Volume: 1,584,178
  • Market Cap: £993.57m

Bilfinger Berger completes purchase of stake in projects

Date: Monday 07 Apr 2014

LONDON (ShareCast) - Bilfinger Berger Global Infrastructure (BBGI) has completed the acquisition of an additional 6.67 per cent equity and subordinated-debt interest in two existing operational local improvement finance trust projects in the UK from Galliford Try Investments.

The two projects are the North London Estates Project and the Liverpool and Sefton Clinics. Following the acquisition, BBGI owns more than 50% in these projects, giving it controlling rights.

The total consideration paid by BBGI was approximately £2m, which was funded from its credit facility.

Frank Schramm, Co-Chief Executive Officer, said: "We are very pleased to increase our stake in these high quality projects. This acquisition was made on accretive terms and was concluded without engaging in an auction process."

Both projects are classified as availability-based under the investment policy of the company and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics, the firm explained.

NR

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BBGI Market Data

Currency UK Pounds
Share Price 139.20p
Change Today -3.00p
% Change -2.11 %
52 Week High 149.80
52 Week Low 122.00
Volume 1,584,178
Shares Issued 713.77m
Market Cap £993.57m

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
15:47 4 @ 139.20p
15:41 1 @ 139.80p
15:41 56 @ 139.80p
15:41 56 @ 139.80p
15:26 211 @ 139.72p

BBGI Key Personnel

CEO Duncan Ball
CFO Michael Denny

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