John Laing Environmental Assets Grp Issue of Equity (5523L)
October 03 2016 - 10:16AM
UK Regulatory
TIDMJLEN
RNS Number : 5523L
John Laing Environmental Assets Grp
03 October 2016
3 October 2016
John Laing Environmental Assets Group Limited
Issue of Equity
John Laing Environmental Assets Group Limited ("JLEN" or the
"Company") has today issued 1,525,000 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 277,881,435 Ordinary Shares
in issue. The total number of voting rights of the Company will be
277,881,435 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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