TIDMJLG

RNS Number : 7010A

John Laing Group plc

23 January 2020

23 January 2020

John Laing Group plc

Resignation of CEO

John Laing Group plc ("John Laing" or the "Company") announces that Olivier Brousse, has tendered his resignation from his position as Chief Executive Officer ("CEO") of the Company in order to take up a senior position at Veolia Group.

Olivier will remain as CEO of the Company whilst he assists the Company to effect an orderly transition.

The Company is in the process of identifying a new CEO and will provide updates, as appropriate, in due course.

John Laing's Chairman, Will Samuel, said:

"On behalf of the Board, I would like to express our sincere thanks to Olivier for his valuable contribution to the Board and the Company, particularly in delivering the successful IPO and his leadership in evolving the Group's geographic footprint and the diversification of the portfolio. Olivier will leave behind a strong management team and a Company that is in good shape. We will continue to work closely with him in the months ahead to ensure a smooth transition to the new leadership. He leaves with our best wishes for the future".

Olivier said: "John Laing is a great company with a fantastic team of people throughout the business, making my decision to leave all the more difficult. They bring the experience, commitment and innovation required to deliver infrastructure solutions that drive society forward and are well placed to take advantage of the opportunities ahead".

Further information

Analyst/investor enquiries:

   Luciana Germinario, Chief Financial Officer                                  +44 20 7901 3200 

Media enquiries:

   Matthew Denham / Camilla Cunningham, Teneo                           +44 20 7420 3186 

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

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January 23, 2020 02:00 ET (07:00 GMT)

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