John Laing Environmental Assets Grp Director/PDMR Shareholding (0986F)

TIDMJLEN

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       Initial notification 
     /Amendment 
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         Ordinary Shares of no par value 
     financial instrument, 
     type of instrument 
                                GG00BJL5FH87 
     Identification code 
b)  Nature of the transaction  Purchase 
c)  Price(s) and volume(s)      Price(s)   Volume(s) 
                                 GBP1.02    20,493 
d)  Aggregated information 
 
     - Aggregated volume         20,493 
     - Price                     GBP20,902.86 
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       Initial notification 
     /Amendment 
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         Ordinary Shares of no par value 
     financial instrument, 
     type of instrument 
                                GG00BJL5FH87 
     Identification code 
b)  Nature of the transaction  Purchase 
c)  Price(s) and volume(s)      Price(s)   Volume(s) 
                                 GBP1.02    4,180 
d)  Aggregated information 
 
     - Aggregated volume         4,180 
     - Price                     GBP4,263.60 
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                            [phone] 
 Winterflood Securities Limited 
  Neil Langford 
  Chris Mills                             ++44(0)20 3100 0000 
 Praxis Fund Services Limited 
  Matt Falla                              [phone] 
 

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 [e-mail] or visit www.rns.com.

END

DSHLLFLRIILSFIT

(END) Dow Jones Newswires

October 24, 2018 12:11 ET (16:11 GMT)