John Laing Environmental Assets Grp John Laing Shareholdings (6263N)
27 Oktober 2016 - 11:21AM
UK Regulatory
TIDMJLEN
RNS Number : 6263N
John Laing Environmental Assets Grp
27 October 2016
27 October 2016
JOHN LAING ENVIRONMENTAL ASSETS GROUP LIMITED
("JLEN" or the "Company")
John Laing Group and John Laing Pension Fund Shareholdings
The Company notes that John Laing Investments Limited ("John
Laing Investments") and The John Laing Pension Trust Limited ("JL
Pension Trust") have sold, in aggregate, 12.5 million shares in the
Company. The transactions have been undertaken in response to
institutional demand and the Board is pleased that John Laing
Investments and JL Pension Trust were able to provide liquidity in
this instance.
Following the sale, John Laing Investments and JL Pension Trust
own 9,406,731 shares (3.3%) and 41,590,000 shares (14.7%)
respectively.
For further details contact:
John Laing Capital Management Limited 020 7901 3559
David Hardy
Chris Tanner
Winterflood Investment Trusts 020 3100 0000
Neil Langford
Chris Mills
About JLEN
JLEN's investment policy is to invest in environmental
infrastructure projects that have the benefit of long-term,
predictable, wholly or partially inflation-linked cash flows
supported by long-term contracts or stable regulatory
frameworks.
Environmental Infrastructure is defined by the Company as
infrastructure projects that utilise natural or waste resources or
support more environmentally-friendly approaches to economic
activity. This could involve the generation of renewable energy
(including solar, wind, hydropower and biomass technologies), the
supply and treatment of water, the treatment and processing of
waste, and projects that promote energy efficiency.
JLEN aims to provide investors with an annual dividend per
share, initially of 6.0 pence, that increases progressively in line
with inflation from 1 April 2015. The target dividend for the year
to 31 March 2017 is 6.14 pence per share being the initial target
of 6.0 pence per share adjusted for inflation.
Further details of the Company can be found on its website
www.jlen.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCAKODBCBDKKKB
(END) Dow Jones Newswires
October 27, 2016 05:21 ET (09:21 GMT)
Jlen Environmental Assets (LSE:JLEN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Jlen Environmental Assets (LSE:JLEN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024