Grant of Share Awards under LTIP
24 December 2021
BBGI Global Infrastructure S.A.
Grant of Share Awards under Long Term Incentive Plan ('LTIP')
BBGI Global Infrastructure S.A. (LSE ticker: BBGI), the global infrastructure investment company, announces in accordance with Market Abuse Regulations that on 23 December 2021 the Company's Co-Chief Executive Officers, Duncan Ball and Frank Schramm, and the Company's CFO, Michael Denny, were granted conditional awards of the Company's ordinary shares under the Company's LTIP. The awards granted are subject to performance and contractual conditions.
The number of shares subject to the awards was determined by using the closing price of the Company's share price on 23 December 2021, as ascertained by the Official List, which was 176.00 p per share.
Subject to the achievement of the performance conditions, the awards will vest after 22 December 2024.
Duncan Ball 569,916
Frank Schramm 547,914
Michael Denny 263,200
For further information, please contact:
BBGI Management Team +352 263 479-1
BBGI Global Infrastructure (BBGI) is a responsible infrastructure investment company and a constituent of the FTSE 250 that invests in and actively manages for the long-term a globally diversified, low-risk portfolio of essential social infrastructure investments.
BBGI is committed to delivering stable and predictable cash flows with progressive long-term dividend growth and attractive, sustainable, returns for shareholders. BBGI has a proactive approach to preserving and enhancing the value of its investments, and to delivering well maintained social infrastructure for communities and end users, whilst serving society by supporting local communities.
All of BBGI's investments are availability-based and supported by secure public sector-backed contracted revenues, with inflation-protection characteristics, that is paid so long as the assets are available for use.
BBGI's investment portfolio is over 99% operational with all its investments located across highly rated investment grade countries with stable, well developed operating environments.
Further information about BBGI is available on its website at www.bb-gi.com*.
The Company's LEI: 529900CV0RWCOP5YHK95
Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).
* Neither the Company's website nor the content of any website accessible from hyperlinks on its website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.