StockMarketWire.com - BBGI SICAV has signed a sale and purchase agreement with John Graham Holdings to acquire 100% of the equity and subordinated debt interests in two educational PPP projects in Northern Ireland.

Belfast Metropolitan College is an educational campus comprising two five-storey teaching facilities and a two-storey engineering facility with associated car parking and a landscaped courtyard.

North West Regional College is a four-storey teaching facility located in Londonderry providing state of the art information, communications and education technology for 1,100 students in the fields of business, computing, tourism and hospitality.

Both projects are operational. The concessions run until August 2027 and January 2026 respectively. BBGI will receive availability payments during the concession periods from the governing bodies of each of Belfast Metropolitan College and North West Regional College.


At 8:50am: [LON:BBGI] BBGI Sicav S.A. share price was +0.38p at 121.88p



Story provided by StockMarketWire.com