Share Name Share Symbol Market Type Share ISIN Share Description
John Laing Group Plc LSE:JLG London Ordinary Share GB00BVC3CB83 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  2.00 0.65% 308.60 130,812 12:01:34
Bid Price Offer Price High Price Low Price Open Price
308.40 308.80 314.20 306.00 314.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 25.00 -65.00 -13.30 1,522
Last Trade Time Trade Type Trade Size Trade Price Currency
12:01:34 AT 92 308.60 GBX

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Date Time Title Posts
13/4/202108:57:::: JOHN LAING GROUP ::::631
28/10/200417:33John Lusty Group13
26/6/200214:52TIP JOHN LUSTY14
17/2/200119:56Ј2.75m Lusty deals2

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John Laing Daily Update: John Laing Group Plc is listed in the Industrial Engineering sector of the London Stock Exchange with ticker JLG. The last closing price for John Laing was 306.60p.
John Laing Group Plc has a 4 week average price of 301p and a 12 week average price of 297.80p.
The 1 year high share price is 380.80p while the 1 year low share price is currently 271.40p.
There are currently 493,250,636 shares in issue and the average daily traded volume is 455,679 shares. The market capitalisation of John Laing Group Plc is £1,526,117,467.78.
jonwig: New direction, buy-to-rent/retirement homes:
18bt: jonwig, yes I saw that too, having just swapped my 3iN shareholding which I felt was standing at too great a premium into JLG. I like the recycling apporach from renewable energy into asssets which are less prone to power price changes. Having also ridden a big share price rise in ICP over the years as it moved from being valued on NAV to one that is valued on earnings as it takes on the management of 3rd party funds, I like that potential too in JLG.
skinny: Divestment update. John Laing Group plc ("John Laing" or the "Group") today announces that it has completed the sale of its 17.26% interest in the New Royal Adelaide Hospital ("NRAH") to funds managed by AMP Capital (the "Transaction"). The consideration received for NRAH represents a good uplift to John Laing's book value of GBP69 million as at 31 December 2020. The NRAH project represents a mature operational project within the Group's secondary portfolio, having been operational since 2017, and this Transaction is consistent with the Group's strategy to realise these types of secondary investments and re-invest the proceeds in new opportunities in greenfield projects and in economic infrastructure businesses and platforms. This Transaction also accelerates and crystalises NAV accretion, some of which was due over the course of the rest of 2021, and further de-risks the portfolio. John Laing's investment in NRAH in 2011 marked the Group's entry into the Australian PPP market. NRAH was successfully delivered by Celsus, a consortium in which John Laing holds a 17.26% share. The availability-based project consisted of the financing, design, construction and operation of non-clinical services for 35-years, and the hospital entered into operation in 2017. Since investing in NRAH in 2011, John Laing has worked closely with its partners on this AUD1.85 billion project through the construction phase, successfully bringing it into operation in 2017. Since first investing in the project in 2011, John Laing has invested GBP37 million in total in NRAH. Shareholders participate in the success of realisations through the special dividend, with the Group paying out approximately 5-10% of gross proceeds received from the sale of investments on an annual basis. This Transaction further strengthens visibility on the 2021 special dividend, with total proceeds eligible to be included in the 2021 special dividend calculation to date amounting to GBP433 million [1] , consisting of expected proceeds from this Transaction and the sales of the Australian wind farm portfolio, the second stage of IEP East and the Rammeldalsberget wind farm. Ben Loomes, Chief Executive of John Laing, said: "We are delighted to have successfully completed the sale of the New Royal Adelaide Hospital to funds managed by AMP Capital. Our investment in 2011 marked our entry into the Australian market, and the hospital today plays an integral part in the community. The New Royal Adelaide Hospital is an example of how state-of-the art healthcare infrastructure can improve the provision of essential services to deliver the best healthcare outcomes. We are proud to have played a role in bringing the facility into operations working alongside our partners and the Government of South Australia."
williamcooper104: I read it as £358m being the proceeds eligible for the special dividend calculation so it would be 5 - 10 percent of £358m, or c3-7p per share
alter ego: I believe there are 493.25m shares in issue so does that mean the 358m available for a special dividend equates to 72.5 pence per share?
jonwig: Final results: Sigh of relief I guess! Final divi 7.82p (includes special) xd 29/04, pay 14/05. NAV [EDIT] 310p so I don't expect a lot of upside for the shares.
jonwig: In de-risking mode as reaction to a stagnant share price?
jonwig: Some decent news! The uplift is around 18p/sh. They talk about special dividends but I prefer to see the NAV number go up!
jonwig: H1 results: Not much cheer, unfortunately. The renewables assets are dragging down the nav owing to low power prices. At leat they intend disposing of them ... soon, I hope.
chc15: Yep averaged down. Must be a big seller here depressing the price.
John Laing share price data is direct from the London Stock Exchange
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