Last checked at 
27 Oct 2016 10:21
27 October 2016
JOHN LAING ENVIRONMENTAL ASSETS GROUP LIMITED
("JLEN" or the "Company")
John Laing Group and John Laing Pension Fund Shareholdings
The Company notes that John Laing Investments Limited ("John Laing Investments") and The John Laing Pension Trust Limited ("JL Pension Trust") have sold, in aggregate, 12.5 million shares in the Company. The transactions have been undertaken in response to institutional demand and the Board is pleased that John Laing Investments and JL Pension Trust were able to provide liquidity in this instance.
Following the sale, John Laing Investments and JL Pension Trust own 9,406,731 shares (3.3%) and 41,590,000 shares (14.7%) respectively.
For further details contact:
John Laing Capital Management Limited 020 7901 3559
David Hardy
Chris Tanner
Winterflood Investment Trusts 020 3100 0000
Neil Langford
Chris Mills
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.
JLEN aims to provide investors with an annual dividend per share, initially of 6.0 pence, that increases progressively in line with inflation from 1 April 2015. The target dividend for the year to 31 March 2017 is 6.14 pence per share being the initial target of 6.0 pence per share adjusted for inflation.
Further details of the Company can be found on its website www.jlen.com