2 Aug 2016 11:48
John Laing Environmental Assets Group Limited ("JLEN" or the "Company")
Blocklisting application
2 August 2016
Further to recent equity issue announcements, JLEN has made an application to the UK Listing Authority for a blocklisting of 20,085,643 ordinary shares of no par value in the Company (the "Shares") to be admitted to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange.
The Shares will be issued under the blocklisting to satisfy excess market demand for the Shares. The net proceeds from the issue of new Shares will be used to repay the Company's Revolving Credit Facility and/or invested in accordance with the Company's investment policy. The blocklisting is expected to become effective at 8:00 a.m. on 3 August 2016.
For further details 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 |
JLEN (JLEN)