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Pin to quick picksJLEN Regulatory News (JLEN)

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JLEN Environmental Assets Group is an Investment Trust

To provide shareholders with a sustainable dividend, that increases progressively in line with inflation, and to preserve the capital value of its portfolio on a real basis over the long term through the reinvestment of cash flows.

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Admission to London Stock Exchange

31 Mar 2014 08:09

RNS Number : 5560D
John Laing Environmental Assets Grp
31 March 2014
 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN

This announcement is not an offer to sell, or a solicitation of an offer to acquire, securities in the United States or in any other jurisdiction. Neither this announcement nor any part of it shall 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

Admission to the Official List and to Trading on the London Stock Exchange

Further to its announcement on 26 March 2014, John Laing Environmental Assets Group Limited (the "Company" or "JLEN") is pleased to announce that 160 million Ordinary Shares in the Company have today been admitted to the premium listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities under the ticker "JLEN".

 

For Further Details Contact:

John Laing Capital Management Limited

 

David Hardy

Chris Tanner

 

020 7901 3200

Barclays Bank PLC (Sole Global-Coordinator, Sole Bookrunner and Sponsor)

 

Richard Probert

Iain Smedley

Ben West

 

020 7623 2323

Winterflood Securities Limited (Co-Lead Manager)

 

Darren Willis

James Moseley

 

020 3100 0000

Redleaf Polhill

 

Rebecca Sanders-Hewett

Henry Columbine

Charlie Geller

020 7382 4769

 

Important Information

 

The contents of this announcement have been prepared by and are the sole responsibility of John Laing Environmental Assets Group Limited (the "Company").

This announcement is not intended, and should not be construed, as an offer of securities for sale in the United States or any other jurisdiction.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia), Australia, Canada, South Africa or Japan. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not contain or constitute an offer for sale of, or the solicitation of an offer or an invitation to buy or subscribe for, Ordinary Shares to any person in the United States, Australia, Canada, South Africa or Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The Company will not be registered under the US Investment Company Act of 1940, as amended. In addition, the Ordinary Shares referred to herein have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act") or under the securities laws of any state of the United States and may not be offered or sold in the United States or to or for the account or benefit of US persons absent registration or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable State securities laws. The offer and sale of Ordinary Shares referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of any state, province or territory of Australia, Canada, South Africa or Japan. Subject to certain exceptions, the Ordinary Shares referred to herein may not be offered or sold in Australia, Canada, South Africa or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, South Africa or Japan. There will be no public offer of the Ordinary Shares in the United States, Australia, Canada, South Africa or Japan.

A registered collective investment scheme is not permitted to be directly offered to the public in Guernsey but may be offered to regulated entities in Guernsey or offered to the public by entities appropriately licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended.

Neither the Company nor this document has been authorised by the Central Bank of Ireland. This document does not, and shall not be deemed to, constitute an invitation to the public in Ireland to purchase shares in the Company.

Acquiring Ordinary Shares to which this announcement relates may expose an investor to a risk of losing all of the amount invested. Persons considering making such an investment should consult an authorised person specialising in advising on such investments and should ensure that they fully understand and accept the risks set out in the prospectus (the "Prospectus") and supplementary prospectus (the "Supplementary Prospectus") published by the Company. This announcement does not constitute a recommendation concerning the initial public offering and no information in this document should be construed as providing financial, investment or other professional advice. The value of Ordinary Shares can decrease as well as increase. Potential investors should consult a professional advisor as to the suitability of the Ordinary Shares for the person concerned. Past performance or information in this announcement or any of the documents relating to the initial public offering and placing cannot be relied upon as a guide to future performance.

Barclays is authorised in the United Kingdom by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority. Each of the Investment Adviser and Winterflood is authorised and regulated in the United Kingdom by the Financial Conduct Authority. Each of the Investment Adviser, Barclays and Winterflood is acting exclusively for the Company and no-one else in connection with the initial public offering, the placing and Admission. They will not regard any other person as their respective clients in relation to the initial public offering, the placing and Admission and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, nor for providing advice in relation to the initial public offering, the placing and Admission, the contents of this announcement or any transaction, arrangement or other matter referred to herein.

In connection with the initial public offering, the placing and the Admission, each of Barclays and Winterflood and any of their respective affiliates, acting as investors for their own accounts, may purchase Ordinary Shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts in such Ordinary Shares and other securities of the Company or related investments in connection with the initial public offering, the placing and the Admission or otherwise. Accordingly, references in the Prospectus and Supplementary Prospectus to the Ordinary Shares being issued, offered, subscribed, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by either Barclays or Winterflood and any of their affiliates acting as investors for their own accounts. Barclays and Winterflood do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.

None of the Company, the Investment Adviser, Barclays and Winterflood and any of their respective affiliates accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of the announcement or its contents or otherwise arising in connection therewith. The Company, the Investment Adviser, Barclays and Winterflood and their respective affiliates accordingly disclaim all and any liability whether arising in tort, contract or otherwise which they might otherwise have in respect of this announcement or its contents or otherwise arising in connection therewith.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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