skip to content

Market News

JLEN raises £40m

07 July 2017 07:34

John Laing Environmental Assets Group has raised £40m through the issue of 38,834,951 new ordinary shares at 103p apiece.

JLEN said the placing was significantly oversubscribed and applications had been scaled back.

The company said it intended to use the net proceeds to repay its revolving credit facility and allow it to deliver on a near term pipeline of attractive opportunities across a range of environmental infrastructure sectors.

Story provided by StockMarketWire.com

Related Company: JLEN

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.