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18 January 2013
John Laing Infrastructure Fund Limited
John Laing Infrastructure Fund Limited (the "Company" or "JLIF"), the listed infrastructure investment company, is pleased to announce the acquisition of:
1) An additional 9% stake in the E18 road, for a consideration of €3.15m
2) An additional 7.5% stake in the Cleveland Police HQ project, for a consideration of £0.43m
The acquisitions, which are sourced from co-shareholders and completed on 17 January and 19 December respectively, take JLIF's total ownership of each asset to 50%.
Andrew Charlesworth from John Laing Capital Management, Fund Manager to JLIF, said:
"We are delighted to announce the acquisition of additional stakes in these high quality operational assets. Today's announcement reflects the increasing number of stakes and assets in the JLIF portfolio sourced from the secondary market. JLIF has now acquired 10 such investments, and in an active secondary market, continues to seek new opportunities for acquisition from both John Laing and the wider market."
JLIF Investment Adviser Tel: 020 7901 3326
RLM Finsbury Tel: 020 7251 3801
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