Dividend Declaration

RNS Number : 8073G

John Laing Environmental Assets Grp

01 June 2017

 

1 June 2017

JOHN LAING ENVIRONMENTAL ASSETS GROUP LIMITED

("JLEN" or the "Company")

Dividend announcement  

JLEN, the listed environmental infrastructure fund, announces a quarterly interim dividend of 1.535 pence per share for the period from 1 January 2017 to 31 March 2017.

Together with the interim dividends paid during the financial year to date of 4.605 pence per share, the Company will have paid total dividends of 6.14 pence per share in respect of the year ended 31 March 2017, in line with the dividend target set out in the 2016 Annual Report.  

Dividend Timetable

Ex-dividend date 8 June 2017

Record date 9 June 2017

Payment date 30 June 2017

The Company intends to announce its audited results for the year ended 31 March 2017 on 15 June 2017. A presentation for analysts will take place at 9.30am at the offices of Redleaf Communications, First Floor, 4 London Wall Buildings, Blomfield Street, London, EC2M 5NT. 

For further details contact:

John Laing Capital Management Limited                                 020 7901 3559

Chris Tanner

David Hardy

Winterflood Investment Trusts                                                  020 3100 0000

Neil Langford

Chris Mills

Redleaf Communications                                                           020 7382 4769

Charlie Geller

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's aim is to provide investors with an annual dividend that is sustainable and increases in line with inflation. The target dividend for the year to 31 March 2017 is 6.14 pence per share. The dividend is payable quarterly.

Further details of the Company can be found on its website www.jlen.com

 

END

 

 

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