4th Mar 2008 16:48
Babcock&Brown Public Ptnrships Ltd04 March 2008 Notification of Results Briefing and Second Half Distribution Details 2007 Full Year Results Babcock & Brown Public Partnerships Limited (LSE: BBPP) will be releasing its2007 Full Year Results tomorrow, 5 March 2008. A teleconference will be heldfor analysts and investors at 9am (UK time). A copy of the accounts andpresentation will be available for download from the BBPP website prior to thebriefing: bbpublicpartnerships.com Dial-in details for the briefing are as follows: +44 (0)20 7162 0125 2007 Second Half Distribution BBPP today announced its intention to declare a distribution covering the periodfrom 1 July 2007 to 31 December 2007. Distribution period: 1 July 2007 - 31 December 2007Distribution amount per share: 2.625 penceEx-distribution date: 14 March 2008Record date: 16 March 2008Payment date: 2 May 2008 The 2007 cash distribution of 5.25 pence per share is in line with the targetdistribution outlined in the Company's prospectus. Enquiries Babcock & Brown +44 (0) 20 7203 7300 Investors - Bianca FrancisMedia - Anthony Kennaway Notes to Editors About Babcock & Brown Public Partnerships Limited: Babcock & Brown Public Partnerships Limited is a Guernsey incorporated company.The Company offers shareholders an exposure to investment in infrastructureassets, particularly those with a public or social character such as thosedeveloped under public bodies under private finance initiative or public privatepartnership procurements. The Company floated on the main market of the London Stock Exchange on 9thNovember 2006 and on 3 March 2008 had a market capitalisation of £319.5 million.The portfolio now comprises 30 projects - 14 developed under the UK PrivateFinance Initiative; 6 under UK NHS Local Improvement Finance Trust procurement,5 Australian PPP projects, and individual projects in Canada, Germany, France,Belgium and Ireland. There is diversification geographically as well as acrossseveral PPP/PFI sectors, including roads and tunnels, railways, schools,courthouses, police and custodial facilities, government offices and healthfacilities. Babcock & Brown has been responsible for the development andmanagement of the majority of these assets and through Babcock & BrownInvestment Management Limited (BBIML) will continue to manage them for thebenefit of BBPP. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
International Public Partnerships