12th Oct 2012 07:00
12 October 2012
John Laing Infrastructure Fund Limited (the "Company" or "JLIF")
JLIF announces completed acquisition
Following its recent successful capital raise of £60.4 million, JLIF is pleased to announce that it yesterday completed the acquisition of an increased stake in the existing holding of Forth Valley Royal Hospital, valued at £30.0 million. The additional stake has taken JLIF's ownership to 100%. This is as outlined in the prospectus issued on 7th September 2012.
Andrew Charlesworth from John Laing Capital Management, Fund Manager to JLIF, said:
"We are delighted to announce the acquisition of the remaining stake in Forth Valley Royal Hospital. 100% ownership of this high quality asset offers an exciting development for the fund, and represents the second completed acquisition following the recent capital raise. We anticipate the acquisition of the remaining asset in this portfolio from John Laing, Pembury Hospital, to complete in the near future."
Contacts:
JLIF Investment Adviser Tel: 020 7901 3326
David Marshall
Andrew Charlesworth
RLM Finsbury Tel: 020 7251 3801
Faeth Birch
Philip Walters
Related Shares:
John Laing Infrastructure Fund