International Public Partnerships Limited

Notice of Dividend Amount • Aug 29, 2013

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6921M

International Public Partnership Ld

29 August 2013

29 August 2013

2013 FIRST HALF YEAR DIVIDEND

The Board of International Public Partnerships Limited (INPP) declares a distribution covering the period 1 January 2013 to 30 June 2013.

Distribution period:	1 January 2013 - 30 June 2013
Distribution amount per share:	3.075 pence
Ex-dividend date:	11 September 2013
Dividend record date:	13 September 2013
Last date to elect/revoke elections:	10 October 2013
Payment date/Allotment of scrip:	23 October 2013
Scrip Alternative in operation:	Yes

The 2013 first half year distribution of 3.075 pence per share is in line with the target previously outlined by Directors and, as per previous periods, has been entirely funded through operating cash flow from the underlying projects.

The Board intend to offer a scrip dividend alternative for this distribution to those investors who wish to receive additional INPP securities in lieu of a cash payment. A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms will be mailed on or about 23 September 2013 to all eligible INPP shareholders on the register as at the record date for the dividend being 13 September 2013. The scrip dividend election forms will need to be completed and returned to Capita Registrars by 10 October 2013 by those investors who wish to receive shares in lieu of cash.

2013 Full Year Distribution

In March 2013 the Board of Directors provided indicative guidance for the target 2013 distribution of 6.15 pence per share which, if achieved, would be a 2.5% increase on the 2012 distribution and the sixth consecutive year INPP has increased distributions at or above the 2.5% growth target indicated at the time of INPP's IPO in 2006. The Board today reconfirms this guidance. 

Note: The above distribution guidance is provided by the Company in consultation with its Investment Advisor as a target only and is not a profit forecast. There can be no assurance that this target will be met or that the Company will make any distributions whatsoever. The times and dates in this announcement are expected times and dates only and are subject to change. Any such changes will be notified to shareholders through a regulatory information service.

For further information:

International Public Partnerships Limited Erica Sibree	+44 (0)20 7939 0558
Numis Securities Hugh Jonathan/Nick Westlake                   FTI Consulting Ed Berry/Harry Stein	+44(0)20 7260 1263/1345          +44 (0)20 7269 7297/7141

Notes to Editors:

About International Public Partnerships (INPP):

International Public Partnerships (INPP) is a listed infrastructure investment company which invests in global public infrastructure projects developed under the public private partnerships (PPP), private finance initiative (PFI), regulated asset and other similar procurement methods.

Listed in 2006, INPP is a long-term investor in 122 social and transport infrastructure projects, including schools, hospitals, courts, police headquarters, transport and utility and transmission projects in the U.K., Europe, Australia and Canada. INPP seeks to provide its shareholders with both a long-term yield and capital growth through investment across both construction and operational phases of 25-40 year concessions.

Amber Infrastructure Group (Amber) is the Investment Advisor to INPP and consists of around 70 dedicated staff who manage, advise on and originate projects for INPP.

Visit the INPP website at www.internationalpublicpartnerships.com for more information.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DIVBRGDIGSDBGXI