John Laing Group plc Investment Update (3943R)
29 Ottobre 2019 - 8:00AM
UK Regulatory
TIDMJLG
RNS Number : 3943R
John Laing Group plc
29 October 2019
Investment update
John Laing Group ('John Laing'), the international active
investor and partner behind responsible infrastructure, is pleased
to announce that further to its announcement on 20 August 2019
regarding the agreed acquisition of 30% of the Ruta del Cacao road
project in Colombia, all relevant approvals have now been obtained
and the acquisition completed on 28 October 2019 for a total
consideration of GBP62 million.
Separately, John Laing has invested GBP13 million for a 35%
interest in the Hurontario Light Rail Transit ('LRT') PPP project
in Canada, which recently reached financial close. Hurontario LRT
consists of an 18km line connecting municipalities in the Greater
Toronto and Hamilton Area and will improve connectivity within and
between the two districts. The project builds on John Laing's
successful history of investment and delivery of complex rail
schemes, including the Denver Eagle commuter rail in USA and Sydney
Light Rail in Australia.
Total investment commitments to date is therefore GBP157
million.
ENDS
Further information:
Analyst / investor enquiries:
Luciana Germinario, Chief Financial
Officer +44 (0) 20 7901 3200
Tejal Patel, Investor Relations &
Finance Manager +44 (0) 20 7901 3200
Media Enquiries:
Camilla Cunningham / Matt Denham,
Teneo +44 (0) 20 7420 3186
JohnLaing@teneo.com
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
ACQPGGGAUUPBPUR
(END) Dow Jones Newswires
October 29, 2019 03:00 ET (07:00 GMT)
Grafico Azioni John Laing (LSE:JLG)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni John Laing (LSE:JLG)
Storico
Da Apr 2023 a Apr 2024
Notizie in Tempo Reale relative a John Laing Group Plc (Borsa di Londra): 0 articoli recenti
Più John Laing Group Plc Articoli Notizie