Post by BBGI Global Infrastructure
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BBGI would like to thank all shareholders and stakeholders for their continued support and engagement throughout the completion of the company’s recommended takeover by BCI. Following the successful recommended cash offer by BCI - accepted by holders of 98.27% of BBGI shares - we’ve now completed the Asset Sale process. This milestone was made possible thanks to strong shareholder support and the resolutions approved at our general meeting in April 2025. A pre-liquidation dividend of 136.1p per share, representing the majority of net proceeds from the asset sale (after certain costs and minimum capital reserves), will be distributed to all remaining shareholders on 22 August 2025. The record date for eligibility is 7 August 2025. A general meeting has also been convened for 8 September 2025 to approve BBGI’s voluntary liquidation, in line with the transaction process outlined during the offer. Any residual proceeds, if available, will be distributed to shareholders following liquidation. Please note that total distributions may not match the value of the original offer. Further information is available here: https://lnkd.in/g9MeSGpB. We thank all our shareholders for their continued support as BBGI progresses through the final steps of the Offer process.