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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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Director/PDMR Shareholding

24 Oct 2018 17:11

RNS Number : 0986F
John Laing Environmental Assets Grp
24 October 2018
 

24 October 2018

 

 

John Laing Environmental Assets Group Limited (the "Company" or "JLEN")

 

DIRECTOR / PDMR DEALING

 

Further to the Result of Issue announcement released by the Company on 19 October 2018, the Board wishes to notify of the following dealings by persons discharging managerial responsibility who participated in the Issue:

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Richard Morse 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non Executive Chairman

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

John Laing Environmental Assets Group Limited

b)

 

LEI

 

 

213800JWJN54TFBMBI68

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary Shares of no par value

 

 

GG00BJL5FH87 

b)

 

Nature of the transaction

 

Purchase

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£1.02

 

20,493

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

20,493

£20,902.86

e)

 

Date of the transaction

 

 

24 October 2018

 

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE, (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Denise Mileham 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non Executive Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

John Laing Environmental Assets Group Limited

b)

 

LEI

 

 

213800JWJN54TFBMBI68

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary Shares of no par value

 

 

GG00BJL5FH87

b)

 

Nature of the transaction

 

Purchase

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£1.02

 

4,180

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

4,180

£4,263.60

e)

 

Date of the transaction

 

 

24 October 2018

 

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE, (XLON)

 

 

Following the above transactions, Richard Morse's total holding in the Company amounts to 103,535 Ordinary Shares, representing 0.021% of the Company's issued share capital, and Denise Mileham's total holding in the Company is 32,340 Ordinary Shares, representing 0.007% of the Company's issued share capital.

 

 

For further information please contact:

John Laing Capital Management Limited

Chris Tanner

Chris Holmes

 

+44(0)20 7901 3559

Winterflood Securities Limited

Neil Langford

Chris Mills

 

++44(0)20 3100 0000 

Praxis Fund Services Limited

Matt Falla

 

+44 (0) 1481 755530

 

 

 

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.

 

LEI: 213800JWJN54TFBMBI68

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.
 
END
 
 
DSHLLFLRIILSFIT
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12th Jul 201710:00 amRNSDirector Declaration
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27th Feb 20175:05 pmRNSHolding(s) in Company
17th Feb 20177:00 amRNSHolding(s) in Company
8th Feb 20177:00 amRNSResult of Placing
19th Jan 20177:01 amRNSProposed Placing
19th Jan 20177:00 amRNSNet Asset Value and Dividend
16th Dec 20162:45 pmRNSPublication of Prospectus
15th Dec 201612:50 pmRNSResult of EGM
8th Dec 201611:47 amRNSIssue of Equity

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