The London Stock Exchange today welcomes CK Infrastructure Holdings Limited (‘CKI’ or the ‘Company’ or the ‘Group’) which is celebrating admission to the Main Market of the London Stock Exchange.

CKI is one of the world’s largest global infrastructure companies. The Company aims to make the world a better place through a variety of infrastructure investments and developments in different parts of the world. The Group has diversified investments in energy infrastructure, transportation infrastructure, water infrastructure, waste management, waste-to-energy, household infrastructure and infrastructure related businesses. The Group’s businesses primarily span the United Kingdom, Continental Europe, Australia, New Zealand, Canada, Hong Kong and Mainland China.

Listed on the Main Board of The Stock Exchange of Hong Kong, CKI’s market capitalisation was approximately £13.9 billion as of 12 August, 2024. For the six months ended 30th June, 2024, CKI reported profit attributable to shareholders of £430.2 million. It has declared an interim dividend for 2024 of £0.072 per share, representing 1.4% growth over the corresponding period last year.

CKI’s secondary listing on London Stock Exchange without any fundraising is a strategic move to maximise shareholder value.

“I am very happy about today’s secondary listing on the Main Market of the London Stock Exchange. It marks an important milestone for CKI”, said Mr. Andrew Hunter, Deputy Managing Director of CKI.

“CK Infrastructure is very much an international company. In 2023, over 90% of CKI’s profit contribution and employees were from businesses outside Asia, and UK businesses comprised over 35% of CKI’s profit contribution. The secondary listing of the Company’s shares on the London Stock Exchange will further enhance CKI’s reputation as one of the largest global infrastructure companies in the world and widen the shareholder base, providing access to a new and larger capital base of international investors. It will also create an opportunity for UK investors to invest in an international infrastructure portfolio, including well-known utilities in the UK, on their local stock exchange”, Mr. Hunter further commented.

HSBC Bank plc (’HSBC’) is acting as Listing Agent to the Company on the admission and has been appointed to act as Corporate Broker.

Commenting on the deal, Richard Fagan, HSBC’s Head of UK Equity Capital Markets said this is a significant milestone for CKI. “As a long-standing, listed blue-chip company, CKI’s secondary listing on the London Stock Exchange reflects its geographically diverse portfolio and enhances its profile in the London market,” Mr Fagan said.

“Given the UK’s profit contribution to CKI, a secondary listing on the London Stock Exchange is a natural progression and ensures a broader and deeper liquidity pool for trading its shares globally,” he said.