Listed on 12th February 2015.

Key facts

John Laing is an international originator, active investor and manager of infrastructure projects. Its business is focused on major transport, social and environmental infrastructure projects awarded under governmental public-private partnership (PPP) programmes, and renewable energy projects, across a range of international markets including the UK, Europe, Asia Pacific and North America.

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John Laing Group's Fundamentals (JLG)

SCHEME OF ARRANGEMENT (JLIF)
In respect to the possible Cash Offer for the entire issued and to be issued share capital of John Laing Infrastructure Fund Limited (JLIF) by a consortium comprising of Dalmore Capital Limited and Equitix Investment Management Limited, JLIF has announced the expected timetable of the Scheme of Arrangement.
Terms: GBP1.425 per Share in cash and the payment of a Dividend of up to GBP0.0357 per Share to JLIF Shareholders
prior to closing of the transaction.
Relative Details and Dates:
24 September 2018 - Court Meeting.
24 September 2018 - General Meeting.
27 September 2018 - Last day of dealings in, and for registration of transfers of JLIF Shares.
27 September 2018 - Scheme Record Time.
28 September 2018 - Effective Date of the Scheme.
28 September 2018 - Dealings in JLIF Shares suspended.

StockMarketWire.com
John Laing Infrastructure Fund said Wednesday that no further bids had been received for the company to rival the £1.45bn bid from a consortium backed by Dalmore Capital and Equitix Investment Management.

'The board of John Laing Infrastructure Fund confirms that since the Announcement it has not received any competing proposals from any third party potential offerors and is not currently in discussions with any third party regarding a competing proposal,' the company said.

John Laing Infrastructure Fund, or JLIF, had said in August that it would recommend that shareholders accept the takeover offer.

Under the terms of the agreement, shareholders would receive 142.5p a share and JLIF shareholders would be entitled to a dividend of 3.57p for each JLIF share for the six-month period ended 30 June.

Approval of the takeover would require both regulatory and shareholder approval. A vote on whether to accept the offer is slated for Monday, 24 September 2018. At 8:47am: (LON:JLIF) John Laing Infrastructure Fund Ltd share price was -0.7p at 141.9p

I have received the JLIF divi, so just the cash from the shares to come.

JLIF and Bidco are pleased to announce that at a hearing held earlier today the Royal Court of Guernsey has sanctioned the scheme of arrangement under Part VIII of the Companies Law of Guernsey (the "Scheme") to effect the recommended cash acquisition by Bidco of the entire issued and to be issued share capital of JLIF. All conditions to the Scheme have now been satisfied or waived and the Scheme has now become Effective in accordance with its terms.

The listing of JLIF Shares on the premium equity closed ended investment funds listing segment of the Official List and admission to trading of JLIF Shares on the London Stock Exchange's Main Market were suspended with effect from 7.30am on 28 September 2018. JLIF has made an application to the U.K. Listing Authority to cancel the listing of JLIF Shares on the Official List and the London Stock Exchange to cancel trading of JLIF Shares on the Main Market. These cancellations are expected to take effect at 8.00am (London time) on 1 October 2018.

JLIF Shareholders' cash consideration under the terms of the Scheme will be settled or despatched by no later than 12 October 2018.

5 October 2018 - 2018 Investment Commitments Update

Investor & Analyst day, 2018 Investments update


Investor and analyst morning & 2018 investment commitments update

John Laing Group plc (John Laing), the international originator, active investor and manager of infrastructure projects, announces that it is holding an investor and analyst morning for institutional investors and analysts in London today.

Members of John Laing's senior management team will present on: the North American market, active management of investments in its international portfolio and the impact of macro-economic factors on the Company's balance sheet.

Other than the investment update below, there will be no new material information released.

Presentation materials will be made available on John Laing's website at www.laing.com at 9:30am today to coincide with the start of the event.

2018 investment commitments update

On 5 November 2018, we achieved financial close on an AUD $75 million (£41 million) investment for a 100% interest in the 174.9 MWp Finley Solar Farm project in New South Wales. This is John Laing's second solar investment in Australia.

Taking into account this investment, our total investment commitments in 2018 to date increase to £196.2 million and we are maintaining our full year guidance of approximately £250 million.

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A new high earlier @326.40p.

Well that's RBC's TP hit.

All looking rather good here.

A new high @346.80p.

05 March 2019 Announcement of full year results.

New high @352.80.

Update on 2018 investment commitments and realisations

John Laing Group plc (John Laing), the international originator, active investor and manager of infrastructure projects, issues an update on investment commitments and realisations.

2018 investment activity

In our pre-close update on 13 December 2018, we reported that investment commitments were £267 million, slightly ahead of our guidance for the year ending 31 December 2018 of approximately £250 million, and that a further £20 - £30 million investment was possible before the year end.

In late 2018, two further investment commitments were entered into, totalling £35 million:

· Cherry Tree Wind Farm (Australia): £19 million

· Buckleberry Solar Farm (US): £16 million

Total investment commitments in 2018 were therefore £302 million.

2018 realisations

In our pre-close update, we also said that we expected the agreed sale of our 37.43% shareholding in Manchester Waste TPS Co for £54.5 million to complete in Q1 2019 following customary EU anti-trust clearance. This clearance took less time than anticipated and the transaction completed in late December 2018.

Total realisations completed for 2018 were therefore £296 million and we expect the 2018 special dividend to be based on this total. The Group's dividend policy includes a special dividend of approximately 5-10% of gross proceeds from the sale of investments, subject to specific investment requirements in any one year. While the proposed special dividend for 2018 has not yet been determined, the revised 2018 level of realisation proceeds is not expected to result in a materially different level of special dividend from what was indicated in the pre-close update.

2019 realisations

In the pre-close update, we also referred to other realisation processes being underway, but not expected to reach completion before year end. In late December 2018, we agreed the sales of both our 95.3% shareholding in the Rocksprings wind farm in Texas and our 92.5% shareholding in the Sterling wind farm in New Mexico to the Abu Dhabi Future Energy Company (Masdar).

The combined agreed consideration was in excess of US$100 million, in line with the expected portfolio valuation for the two investments at 31 December 2018, and is subject to potential adjustment. The sale is also subject to governmental and financing partner consents and is expected to complete in the first half of 2019.

Further realisation processes remain underway. We expect to provide guidance on both 2019 investment commitments and realisations when we announce our results for the year ended 31 December 2018 on 5 March 2019.

A new high earlier @367.60p.

Yes should have hung on to mine. O well you win some you .....