July 5, 2018 / 6:19 AM / 4 months ago

BRIEF-3I Infrastructure reports 42.7 mln stg end-Q1 cash balance

July 5 (Reuters) - 3I Infrastructure PLC:

* Q1 PERFORMANCE UPDATE

* COMPLETION OF EUR 200M ACQUISITION OF A 50% STAKE IN ATTERO AND, THROUGH INFINIS, OF £125M ACQUISITION OF ALKANE ENERGY

* COMPANY’S PORTFOLIO OVERALL CONTINUES TO PERFORM IN LINE WITH EXPECTATIONS

* TOTAL INCOME AND NON-INCOME CASH WAS £23.7 MILLION IN PERIOD

* COMPANY’S CASH BALANCE WAS £42.7 MILLION AT 30 JUNE 2018, AND UNDRAWN BALANCE OF ITS REVOLVING CREDIT FACILITY (“RCF”) WAS £233.6 MILLION

* COMPANY WILL PAY FINAL DIVIDEND FOR FY18 OF 3.925 PENCE PER SHARE ON 9 JULY 2018

* CHAIRMAN - WE ARE ON TRACK TO DELIVER OUR FY19 TARGET DIVIDEND OF 8.65 PENCE PER SHARE Source text for Eikon: Further company coverage:

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