FAQs
Investor FAQs
About Us
What is the company's ticker, and what are its ISIN and SEDOL codes?
The Company’s ticker is INPP:LN, and its SEDOL is B188SR5 and ISIN - GB00B188SR50
Is INPP a non-mainstream pooled investment (NMPI)?
No. Having taken legal advice, the Company can confirm that its shares will qualify as an 'excluded security' under rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and will therefore be excluded from the FCA's restrictions which apply to non-mainstream investment products. As such, the Company's shares can continue to be recommended by independent financial advisers (IFAs) to ordinary retail investors in accordance with the FCA's rules.
The Company is advised that its shares are excluded from the FCA's restrictions which apply to non-mainstream investment products principally because the company has conducted its affairs in such a manner that it would have qualified for approval by HMRC as an investment trust had it been resident in the UK in its previous accounting periods. The Company intends to conduct its affairs so that this remains the case for the foreseeable future.
What are the company's ongoing charges
INPP is a member of The Association of Investment Companies ('AIC'). Ongoing Charges, in accordance with AIC guidance, are defined as annualised ongoing charges (i.e. excluding acquisition costs and other non-recurring items) divided by the average published undiluted net asset value in the period. The Company’s Ongoing Charges are set out in the reports relating to each financial year.
There are no performance fees paid.
Further information regarding The Association of Investment Companies may be found via the following external link; www.theaic.co.uk.
What does INPP benchmark itself against
The Company uses the FTSE All Share and 250 indices to show relative performance. It does not have an external benchmark.
Does the company comply with the FCA's consumer duty?
INPP is a closed-ended, FTSE 250 listed investment company and is regulated by the Guernsey Financial Services Commission. It is an Alternative Investment Fund incorporated and registered in Guernsey, classified as an internally managed non-UK, non-EEA AIF for the purposes of the EU AIFM Directive and the UK AIFM Rules (as applicable). As such, the FCA’s Consumer Duty does not apply directly to INPP, however, as the Ordinary Shares are admitted to the UK Official List, the Company is required to comply with, inter alia, the relevant provisions of the Listing Rules and the Disclosure Guidance and Transparency Rules and the City Code, all of which operate to ensure a fair treatment of investors. The Company also complies with certain UK PROD regulations as a manufacturer when considering its target market and produces a KID in line with UK PRIIPs.
Notwithstanding INPP is not regulated by the UK FCA, the INPP Board have considered industry practices and reasonable investor requests in this area and have updated the PRIIPs documentation (namely the EMT documents) as required, which is available on request via investorrelations@amberinfrastructure.com. INPP's Fair Value Assessment, conducted by the INPP Board, is subject to ongoing review and the development of industry practice.
Is INPP an "offshore fund" under HMRC's definition?
INPP does not fall within the HMRC’s definition of an offshore fund for UK resident investors. Further information may be found on HMRC’s website (see www.hmrc.gov.uk/manuals/ofmanual/Index.htm).
When does the company announce its results?
The Company’s annual results are normally published in March (in respect of its financial year ended 31 December) and its interim results are normally published in September (in respect of the half year to 30 June). Please refer to the Financial calendar for further information.
When did INPP list on the London Stock Exchange and at what price?
INPP listed on the Main Market of the London Stock Exchange on 9 November 2006 at an issue price of 100p. Further details of the Company’s history are available in History.
Who are INPP's corporate advisers?
Details of INPP’s advisers are provided in the Contacts section.
Shareholding Information
Are INPP's shares elligible for inclusion within a NISA/ISA, PEP or SIPP?
INPP’s shares are eligible for inclusion in NISA/ISAs and PEPs (subject to applicable subscription limits) provided that they have been acquired by purchase in the market, and they are permissible assets for SIPPs.
How can I invest?
The Company’s shares are traded on the London Stock Exchange. If you are confident in making your own investment decisions you can do this by buying your shares directly through a stockbroker or through an execution-only dealing service. Your bank or building society may offer a dealing service; however, many alternatives are available so you should investigate which is best for your needs.
No representation regarding the suitability of INPP’s shares is intended or implied. If you require advice before you invest, an appropriate financial adviser should be consulted.
How do I subscribe for paperless or e-communications?
New shareholders receive a welcome letter from Company which asks if they require paper copies of the Company’s statutory documents or communications. If you do not elect to continue receiving paper copies, you will instead be sent a notification by post whenever a relevant document/communication is published on the Company’s website.
Alternatively, if you are happy to be removed from paper communication completely, and to just receive email notifications following the publication of statutory or other shareholder documentation, you can register your email address directly with Link Asset Services.
If you have not received a letter from Link yet, or you wish to change your current preferences in respect of either of these services, please contact Link directly. Link's details can be found on the Contacts page.
How has the company performed, and what is its current share price?
Click here to view the Company’s share price performance.
How much and when is the next dividend payable? Where can I find details of the dividend history?
INPP normally pays dividends on a six monthly basis. The timetable for the current financial year’s dividend is set out in Financial Calendar, whilst the Company’s dividend history can be found in Dividends.
Is the company an approved investment trust/eligible for inclusion in an offshore bond?
INPP is Guernsey domiciled and does not meet the conditions of the Commissioners of HMRC’s definition of an investment trust as set out in section 1158 CTA 2010. INPP is therefore not eligible for inclusion in an offshore bond.
Who is the company's registrar and how do I contact them?
Link Market Services (Guernsey) Limited is the Company’s registrar. Their details can be found in the Contact section of this website.
Can I reinvest my dividends?
The Company currently offers a scrip dividend alternative for shareholders who wish to receive new ordinary shares in lieu of cash. In doing so, shareholders increase their holdings without incurring dealing costs or stamp duty. Shareholders who wish to take advantage of the scrip dividend alternative should complete (if they have not already done so). Details of the scrip offers will be made available or sent to investors in advance of each dividend.
What taxation is applicable to shareholders?
Please refer to the Taxation section of the most recent Prospectus which can be found here. Please note that this section provides a generic overview of relevant tax issues at the time of the Prospectus’s issue, and that investors should obtain their own specific and up to date financial and tax advice.
Does the company produce a key information document (KID)?
Yes the Company’s latest KID can be found here under Other Publications.

