Result of EGM

RNS Number : 2510S

John Laing Environmental Assets Grp

06 July 2015

 

6 July 2015

JOHN LAING ENVIRONMENTAL ASSETS GROUP LIMITED

Result of EGM

John Laing Environmental Assets Group Limited ("JLEN" or the "Company") is pleased to announce that at the Extraordinary General Meeting ("EGM") held at 10:00 a.m. today, 6 July 2015, the  Special  Resolution was duly passed without amendment.

This announcement is made in accordance with LR 9.6.18.

Resolution	Votes For (including discretionary)	Votes Against	Votes Withheld*
Special	118,688,531	1,101,724	1,000

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "for" or "against" the Resolution.

The full wording of the resolution can be found below:-

SPECIAL RESOLUTION

THAT pursuant to Article 7.7 of the Articles, the provisions of Article 7.2 of the Articles shall not apply and shall be excluded in relation to the allotment and issue of up to 209,405,940 New Shares (being the maximum number of New Shares that could be issued pursuant to the Issue and the Placing Programme in the aggregate) as Ordinary Shares and/or C Shares at the discretion of the Directors on a non-pre-emptive basis, provided that:

(a) such disapplication and exclusion shall expire on 3 June 2016 (unless previously renewed, revoked or varied by the Company by special resolution); and

(b) such disapplication and exclusion shall be limited to the allotment and issue of New Shares under

the Issue and the Placing Programme,

with capitalised terms in this resolution having the meaning given to them in the circular published by the Company on 4 June 2015.

ENDS

For Further Details Contact:

John Laing Environmental Assets Group Limited

Richard Morse (Chairman)

01481 737600

John Laing Capital Management Limited

David Hardy

Chris Tanner

020 7901 3200

Winterflood Securities

Joe Winkley

Neil Langford

0203 100 0000

Redleaf Polhill

Rebecca Sanders-Hewett

Charlie Geller

020 7382 4769

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

 

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