John Laing Environmental Assets Grp Issue of Equity (9708J)
15 September 2016 - 2:49PM
UK Regulatory
TIDMJLEN
RNS Number : 9708J
John Laing Environmental Assets Grp
15 September 2016
15 September 2016
John Laing Environmental Assets Group Limited
Issue of Equity
John Laing Environmental Assets Group Limited ("JLEN" or the
"Company") has today issued 750,000 ordinary shares of no par value
in the Company ("Ordinary Shares") under its blocklisting facility
at an issue price of 102.0 pence per Ordinary Share, pursuant to
the Company's tap issuance programme announced on 28 July 2016.
The net proceeds of the issue will be used to repay amounts
drawn on JLEN's revolving credit facility.
The new Ordinary Shares will, when issued, be credited as fully
paid and rank pari passu with the existing ordinary shares in the
capital of the Company, including the right to receive all future
dividends and distributions declared, made or paid.
Following Admission, JLEN will have 270,056,435 Ordinary Shares
in issue. The total number of voting rights of the Company will be
270,056,435 and this figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, JLEN.
For further information please contact:
John Laing Capital Management
Limited
David Hardy
Chris Tanner +44 (0)20 7901 3559
Winterflood Investment
Trusts
Neil Langford
Chris Mills +44 (0)20 3100 0000
This information is provided by RNS
The company news service from the London Stock Exchange
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