John Laing Pension Trust - Result of Share Sale

RNS Number : 7988S

John Laing Environmental Assets Grp

13 March 2019

 

13 March 2019

This announcement is not an offer to sell, or an offer to acquire or subscribe for ordinary shares in John Laing Environmental Assets Group Limited in any jurisdiction.  This announcement shall not form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

John Laing Environmental Assets Group Limited

The John Laing Pension Trust Ltd - Result of Sale of Shares

On 8 March 2019, John Laing Environmental Assets Group Limited ("JLEN" or the "Company") announced that it received notification from The John Laing Pension Trust Ltd ("JLPT") of its intention to sell up to 21,982,157 ordinary shares (the "JLPT Shares"), being JLPT's entire holding in JLEN (the "Transaction").

The Company today announces that it has been advised that all of the JLPT Shares were sold to investors and therefore JLPT no longer holds any shares in the Company. The trade date for the Transaction is 13 March 2019 and the settlement date will be 15 March 2019.

For further information please contact:

John Laing Capital Management Limited Chris Tanner Chris Holmes	[phone]
Winterflood Securities Limited Neil Langford Chris Mills	[phone]

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.

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

LEI: 213800JWJN54TFBMBI68

Important Information

This announcement contains information that is inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014, and is being made by the Company solely to comply with its regulatory disclosure obligations.

The content of this announcement has been prepared by and is the sole responsibility of the Company.

 

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