IIP.GB Infrastructure India Plc Ord Gbp0 01

TIDMIIP

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                          www.iiplc.com 
         Sonny Lulla                                       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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END

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February 10, 2023 12:12 ET (17:12 GMT)

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