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John Laing Group PLC (JLG.L)

JLG.L on London Stock Exchange

322.80GBp
14 Nov 2018
Change (% chg)

0.60 (+0.19%)
Prev Close
322.20
Open
325.80
Day's High
327.40
Day's Low
322.80
Volume
443,918
Avg. Vol
404,277
52-wk High
340.00
52-wk Low
227.82

Latest Key Developments (Source: Significant Developments)

John Laing Says Agreed To Sell Remaining 15% Interest In IEP Phase 1 Project
Tuesday, 13 Mar 2018 06:51am EDT 

March 13 (Reuters) - John Laing Group Plc ::ANNOUNCEMENT OF DISPOSAL.‍SALE OF 15% SHAREHOLDING IN INTERCITY EXPRESS PROGRAMME (IEP) PHASE 1 PROJECT​.‍HAS AGREED TO SELL REMAINING 15% INTEREST IN IEP PHASE 1 PROJECT TO SUBSIDIARY OF AXA SA.‍CONSIDERATION, IS £227.5 MILLION (NET OF COSTS) AND WILL BE SATISFIED IN CASH​.  Full Article

John Laing Group to raise 210.2 mln stg in rights issue
Thursday, 8 Mar 2018 02:11am EST 

March 8 (Reuters) - John Laing Group Plc ::SAYS T‍HE COMPANY ANNOUNCES A FULLY UNDERWRITTEN RIGHTS ISSUE TO RAISE PROCEEDS OF APPROXIMATELY £210.2 MILLION​.  Full Article

John Laing posts 10.5 pct increase in FY net asset value
Thursday, 8 Mar 2018 02:09am EST 

March 8 (Reuters) - John Laing Group Plc ::SAYS ‍10.5% INCREASE IN NET ASSET VALUE (NAV), FROM £1,016.8 MILLION AT 31 DECEMBER 2016 TO £1,123.9 MILLION​.SAYS ‍13.5% INCREASE IN NAV INCLUDING DIVIDENDS PAID IN 2017​.SAYS ‍PROFIT BEFORE TAX OF £126.0 MILLION COMPARED TO £192.1 MILLION IN 2016​.SAYS ‍12% INCREASE IN EXTERNAL ASSETS UNDER MANAGEMENT (AUM) FROM £1,472.3 MILLION AT 31 DECEMBER 2016 TO £1,648.5 MILLION 3 AT 31 DECEMBER 2017​.SAYS ‍FINAL DIVIDEND OF 8.70P PER SHARE IN LINE WITH POLICY (INCLUDING A SPECIAL DIVIDEND OF 4.88P PER SHARE), GIVING A TOTAL 2017 DIVIDEND OF 10.61P​.SAYS ‍OUR BUSINESS IS IN GOOD SHAPE AND, BASED ON OUR INVESTMENT PIPELINE, WE ANTICIPATE A STRONG LEVEL OF DEAL FLOW OVER COMING YEARS IN EACH OF OUR CORE MARKETS​.  Full Article

John Laing Group Says To Sell Whole Interest in Llynfi Wind Farm
Tuesday, 12 Dec 2017 02:00am EST 

Dec 12 (Reuters) - John Laing Group Plc ::JOHN LAING GROUP PLC - ANNOUNCEMENT OF DISPOSAL.JOHN LAING GROUP PLC - ‍ANNOUNCEMENT OF DISPOSAL​.JOHN LAING GROUP PLC - AGREED AND COMPLETED SALE OF ITS 100% INVESTMENT IN LLYNFI WIND FARM IN WALES TO JOHN LAING ENVIRONMENTAL ASSETS GROUP.JOHN LAING GROUP PLC - IS INCREASING ITS LEVEL OF REALISATIONS FOR 2017.JOHN LAING GROUP PLC - CONSIDERATION, WHICH IS IN LINE WITH MOST RECENT PORTFOLIO VALUATION, IS £43 MILLION (BEFORE COSTS).JOHN LAING GROUP PLC - TOTAL REALISATIONS ANNOUNCED IN 2017 AMOUNT TO £299 MILLION. NO FURTHER REALISATIONS ARE EXPECTED IN 2017.  Full Article

John Laing Says Total Investment Commitments Ahead Of Original Guidance For 2017
Friday, 8 Dec 2017 02:00am EST 

Dec 8 (Reuters) - JOHN LAING GROUP PLC ::TOTAL INVESTMENT COMMITMENTS TO DATE OF £340 MILLION, WELL AHEAD OF ORIGINAL GUIDANCE FOR 2017 OF APPROXIMATELY £200 MILLION​.‍TOTAL REALISATIONS ANNOUNCED IN 2017 TO DATE OF £256 MILLION, WELL AHEAD OF OUR ORIGINAL GUIDANCE FOR 2017 OF APPROXIMATELY £200 MILLION​.‍NET ASSET VALUE AT 31 DECEMBER 2017 PROJECTED TO BE IN RANGE OF MANAGEMENT EXPECTATIONS​.‍EXPECT SPECIAL DIVIDEND FOR 2017 TO BE BASED ON REALISATIONS TO DATE OF £256 MILLION​.  Full Article

John Laing to acquire majority of equity interests in wind farm project partnership
Friday, 29 Sep 2017 02:56am EDT 

Sept 29 (Reuters) - John Laing Group Plc ::Investing $85 million by acquiring from Akuo Energy majority of equity interests in partnership which controls 149mw Rocksprings wind farm project.  Full Article

John Laing says NAV of 1,040.4 mln pounds at June 30
Thursday, 24 Aug 2017 02:00am EDT 

Aug 24 (Reuters) - John Laing Group Plc :NET ASSET VALUE (NAV) OF £1,040.4 MILLION AT 30 JUNE 2017.NAV PER SHARE AT 30 JUNE 2017 OF 284P (31 DECEMBER 2016 - 277P).7.4% INCREASE IN HY EXTERNAL ASSETS UNDER MANAGEMENT TO £1,582 MILLION 4 SINCE 31 DECEMBER 2016.INTERIM DIVIDEND OF 1.91P PER SHARE PAYABLE IN OCTOBER 2017.2017 GUIDANCE FOR INVESTMENT COMMITMENTS AND REALISATIONS MAINTAINED.  Full Article

John Laing reaches deal on Manchester Waste
Thursday, 24 Aug 2017 02:00am EDT 

Aug 24 (Reuters) - John Laing Group Plc :AGREEMENT REACHED ON MANCHESTER WASTE.DISCUSSIONS CULMINATED IN LEGALLY-BINDING HEADS OF TERMS BETWEEN GMWDA, VL CO, SHAREHOLDERS, OPERATOR, VIRIDOR WASTE.ESTIMATED EFFECT OF DEALS ON CO IS REDUCTION IN VALUATION OF TWO MANCHESTER WASTE INVESTMENTS BY £25.5 MILLION FROM VALUATION AT 31 DECEMBER.  Full Article

Costain updates on Greater Manchester Waste contract
Thursday, 24 Aug 2017 02:00am EDT 

Aug 24 (Reuters) - Costain Group Plc :GREATER MANCHESTER WASTE CONTRACT.‍SUBJECT TO FULFILMENT OF CERTAIN CONDITIONS, A CONSENSUAL TERMINATION OF GREATER MANCHESTER WASTE MANAGEMENT PFI PROJECT HAS BEEN AGREED​.‍DEMOBILISATION IS EXPECTED TO BE COMPLETE BY 29 SEPTEMBER 2017​.‍FINANCIAL IMPACT FOR COSTAIN OF THIS SETTLEMENT IS IN LINE WITH PROVISIONS WE HAVE PREVIOUSLY TAKEN FOR PROJECT​.  Full Article

Pennon updates on Viridor's Greater Manchester Contract
Tuesday, 2 May 2017 11:41am EDT 

May 2 (Reuters) - Pennon Group Plc :Update on Viridor's Greater Manchester Contract.Greater Manchester Waste Disposal Authority (gmwda) continues to face financial challenges due to prolonged austerity..Diversion of waste from landfill remains ahead of contractual commitments and viridor and its partners are keen to ensure this progress is able to continue.Viridor and its joint venture partner John Laing have been actively engaging with GMWDA as they have worked to consider their options..GMWDA has now confirmed it is seeking an exit from Recycling & Waste Management Private Finance Initiative (pfi) contract.Contract relates to Viridor Laing (Greater Manchester) Limited..Discussions and negotiations are now expected to progress over coming weeks as we work with gmwda to ascertain implications.There are provisions in PFI contract for compensation to be paid to Viridor and John Laing on termination..Book value of Viridor's investment in greater manchester project as at 31 march 2016 is £72.3 million.Pennon continues to anticipate reporting a strong financial performance for group at its full year results.  Full Article

BUZZ-John Laing Group: hits record high after H1 profit surges

** Shares of Britain's John Laing Group rise nearly 10 pct to an all-time high of 322 pence