22nd Jan 2015 07:00
John Laing Infrastructure Fund Limited
Completion of Acquisition
JLIF, the FTSE 250 listed infrastructure investment company, is delighted to announce it completed yesterday the acquisition of the remaining 20% stake in the Kirklees Social Housing project, following the fund's initial acquisition in December 2014. This takes JLIF's total shareholding in the asset to 100%.
Andrew Charlesworth from John Laing Capital Management ("JLCM"), Investment Adviser to JLIF, said:
"Today's announcement further demonstrates JLIF's focus on creating value for investors, through opportunities in acquiring additional stakes in projects following the initial investment. As we noted back in December, this asset is low risk and fully operational, in line with our investment criteria."
For further information, please contact:
JLCM 020 7901 3326
David MarshallAndrew Charlesworth
Finsbury 020 7251 3801
Faeth BirchPhilip Walters
Related Shares:
John Laing Infrastructure Fund