RNS Number : 6364P
Infrastructure India plc
10 February 2023
 

10 February 2023

 

Infrastructure India plc

("IIP" or the "Company" or, together with its subsidiaries, the "Group")

 

Statement re Share Price Movement and Press Speculation

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, notes the recent share price movement and the press speculation in relation to one of the Company's investee companies, Distribution Logistics Infrastructure Pvt Ltd ("DLI").

 

IIP confirms that, as initially announced on 28 February 2022 and regularly thereafter, although it has engaged in discussions with several third parties (including advanced discussions with Pristine Logistics & Infraprojects Ltd, the named counterparty in the press speculation) regarding the potential sale of DLI, no definitive agreements have been signed.

 

Further announcements will be made if and when appropriate.

 

This announcement contains inside information for the purposes of the market abuse regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

 

 

- Ends -

 

Enquiries:

 

Infrastructure India plc

Sonny Lulla 

 

 

 

 

www.iiplc.com

Via Novella

 


Strand Hanson Limited

Nominated Adviser

James Dance / Richard Johnson

 

+44 (0) 20 7409 3494

 

Singer Capital Markets

Broker

James Maxwell - Corporate Finance

James Waterlow - Investment Fund Sales

 

 

+44 (0) 20 7496 3000

Novella

Financial PR

Tim Robertson / Safia Colebrook

+44 (0) 20 3151 7008

 

 

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