JLG John Laing Group Plc

TIDMJLG

RNS Number : 7494G

John Laing Group plc

08 November 2018

Investor and analyst morning & 2018 investment commitments update

John Laing Group plc (John Laing), the international originator, active investor and manager of infrastructure projects, announces that it is holding an investor and analyst morning for institutional investors and analysts in London today.

Members of John Laing's senior management team will present on: the North American market, active management of investments in its international portfolio and the impact of macro-economic factors on the Company's balance sheet.

Other than the investment update below, there will be no new material information released.

Presentation materials will be made available on John Laing's website at www.laing.com at 9:30am today to coincide with the start of the event.

2018 investment commitments update

On 5 November 2018, we achieved financial close on an AUD $75 million (GBP41 million) investment for a 100% interest in the 174.9 MWp Finley Solar Farm project in New South Wales. This is John Laing's second solar investment in Australia.

Taking into account this investment, our total investment commitments in 2018 to date increase to GBP196.2 million and we are maintaining our full year guidance of approximately GBP250 million.

Further Information

Analyst/investor enquiries:

 
 Patrick O'D Bourke    Group Finance Director    +44 (0)20 7901 3200 
 

Media enquiries:

 
 James Isola    Maitland    +44(0)20 7379 5151 
 

The presentation materials may contain forward looking statements. They have been prepared by the Directors of John Laing in good faith based on the information available to them up to the time of their approval and should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying such forward looking information.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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