You are here

Prices & Quotes - UK Markets - HICL Infrastructure (HICL)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 172.60p
Change Today:
0.60p
Market Cap:
3,342.92m
Sector:
Closed End Investments

HICL lowers stake in PPP project to fund Bradford Schools acquisition

By Iain Gilbert

Date: Wednesday 13 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Infrastructure investment company HICL Infrastructure said on Wednesday that it had made two transactions, acquiring an interest in one project while lowering its take in another.
HICL said it had acquired incremental stakes in the Bradford Schools Phase I and II PPP projects, both of which are 27-year contracts to finance, construct, operate, and maintain secondary schools for the City of Bradford Metropolitan District Council, as part of its "Building Schools for the Future" programme.

The combined consideration of 16.0m takes the company's stakes in Phase I and Phase II to 48% and 62%, respectively, and will be partly financed from its disposal of a 50% interest in the Health & Safety Executive Headquarters PPP project for 11.0m, a small premium to the asset's March valuation.

Harry Seekings, head of infrastructure at HICL manager InfraRed, said: "These transactions see a continuation of the company's strategy to selectively dispose of assets where beneficial to portfolio metrics and composition, while making further accretive investments in existing high quality holdings, which offer sustainable long-term returns and deliver for the communities they serve."

As of 0940 BST, HICL Infrastructure shares were up 0.055% at 164.89p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

HICL Market Data

Currency UK Pounds
Price 172.60p
Change Today 0.60p
52 Week High 179.40p
52 Week Low 160.00p
Volume 1,247,373
Shares Issued 1,936.80m
Market Cap 3,342.92m
Beta 0.01

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. full market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
PEG
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. full market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HICL Dividends

  Latest Previous
  Q2 Q1
Ex-Div 25-Nov-21 26-Aug-21
Paid 31-Dec-21 30-Sep-21
Amount 2.06p 2.06p

Trades for 26-Jan-2022

Time Volume / Share Price
13:27 1,600 @ 172.76p
13:25 8,995 @ 172.62p
13:23 52,980 @ 172.80p
13:17 2,472 @ 172.80p
12:57 2,325 @ 172.62p

HICL Key Personnel

Chair Ian Russell