- BBGI SICAV's portfolio performance and cash receipts since the start of the year are slightly ahead of the business plan and underlying financial models, according to an interim management statement today.

Other highlights:

- On 30 April, the company declared a final dividend for the year ended 31 December 2014 of 2.88 pence per share, bringing the total dividend for the year to 5.76 pence per share, which is in line with the company's revised dividend target. The final dividend will have a scrip alternative with payment expected on 3 July.

- In January, the company announced that it had secured a new three year revolving credit facility of £80 million from ING Bank and KfW IPEX-Bank.

- BBGI is part of a consortium which, in February 2015, was shortlisted through to the final bidding process for the Southwest Rapid Transit Corridor Project, a primary PPP development in the city of Winnipeg, Canada.

- The net effect of foreign exchange movements on the Investment Basis NAV from 1 January to 12 May was a decrease of approximately £8.3 million.

- In March, the company, in accordance with its hedging policy, entered into a number of forward contracts to partially hedge any currency fluctuations on the future portfolio distributions for a period of up to four years.

- The company's shares continue to trade at a premium to 31 December NAV, and as at 11 May, the premium was 13.78%.

- Total shareholder return since listing in December 2011 to 11 May of 40.68%.

- In April, the shareholders voted unanimously in favour of the company's continuation resolution. All of the other resolutions put to the shareholders were also approved with support of at least 97% of votes cast.

At 8:20am: [LON:BBGI] Bilfinger Berger Global Infrastructure share price was +0.13p at 123.88p

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