Directors dealings: John Laing Group boss picks up some shares
7th Jun 2016 12:26
(ShareCast News) - John Laing Group boss Olivier Brousse picked up a handful of shares on Tuesday. On 8 March, the FTSE 250 group, which floated in February 2015 at a price of 195p per share, said it had become well established as both a renewable energy and a PPP investor as its investment commitme
Read moreDirector dealing: John Laing FD buys ahead of dividend payout
23rd Mar 2016 15:48
(ShareCast News) - John Laing Group finance director Patrick Bourke splashed out £137,000 worth of shares at a price of 228.25p in the infrastructure investor, bumping up his stake as the company bumps up its dividend payouts. As part of results earlier this month, the FTSE 250 group, which floated
Read moreWednesday newspaper share tips: Grafton Group, John Laing Group
9th Mar 2016 18:14
(ShareCast News) - UK and Ireland-based construction materials group Grafton continues to build its margins and expand its international footprint, with the shares' current valuation offering a "good" entry point, The Times's Tempus said. Like its rivals, the company has not been able to provide an
Read moreJohn Laing grows NAV by 15%, proposes 5.3p final dividend
8th Mar 2016 08:31
(ShareCast News) - John Laing Group has proposed a final dividend of 5.3p per share after the infrastructure investor increased net asset value 15.4% in 2015. The FTSE 250 group, which floated in February last year, said it had become well established as both a renewable energy and a PPP investor as
Read moreJohn Laing reports underlying portfolio growth in year to date
25th Feb 2016 10:48
(ShareCast News) - John Laing Infrastructure Fund (JLIF) said on Thursday that had an underlying portfolio growth of 8.34% to £867.8m including new investments in the year to date. The company said the portfolio growth was ahead of an expected 8.12%, according to a trading update. The portfolio also
Read moreDirector dealings: Mercantile Investment Trust non-exec buys in
7th Jan 2016 15:22
(ShareCast News) - Angus Lennox, a non-executive director of JP Morgan-managed Mercantile Investment Trust, has invested £90,150 of his cash in the grand old dame of the UK trust sector. Former Cazenove investment banker and then a managing director of the investment arm once JP Morgan took over, Le
Read moreZambeef directors grab bigger stakes in beef producer
4th Jan 2016 16:35
(ShareCast News) - Ex-banker Adam Fleming has added further to his stake in Zambian beef producer Zambeef, where he is a non-executive director, splashing out £795,000 on shares. Fleming's Rhodora vehicle bought 10m shares in AIM-listed Zambeef at an average price of 7.95p apiece to take his stake u
Read moreJohn Laing on track to meet full year targets
11th Dec 2015 08:30
(ShareCast News) - Infrastructure group John Laing is on track to achieve its full year targets. In a pre-close update for the year to the end of December, the company reported total investment commitments to date of £170m, at the upper end of the £150m to £175m range announced at the interims.
Read moreWednesday broker round-up
14th Oct 2015 10:28
(ShareCast News) - John Laing Group: HSBC starts new coverage with a buy, sets target price at 2.50p. Domino's Pizza Group: N+1 Singer upgrades to buy. Target price: 1000.00p. Sabmiller: RBC Capital Markets reiterates sector perform, lifts target price to 4400.00p. Cranswick: HSBC reiterates to bu
Read moreJohn Laing to invest EUR45-50m in German wind farm
12th Oct 2015 07:11
(ShareCast News) - John Laing said it will invest around €45-50m to acquire the Klettwitz wind farm in Brandenburg Schipkau, Germany from Ventotec, the developer of the site. In addition to Laing's investment, the Klettwitz wind farm will be refinanced with new project finance. The acquisition remai
Read moreJohn Laing interim profit plunges but net asset value edges higher
27th Aug 2015 08:33
(ShareCast News) - British infrastructure group John Laing saw its interim profit plunge on the back of currency headwinds and "lower fair value movement". In the six months to the end of June, the FTSE 250 posted a 68% year-on-year decline in pre-tax profit to £32.6m, as the price at which the comp
Read moreJohn Laing Group on track to meet full-year targets
22nd Jun 2015 08:25
John Laing Group on Monday said it was on track to meet its full-year targets with a strong pipeline of investments in place. The infrastructure project investor, which joined the FTSE 250 on Monday, made total investment commitments of £72m in the first half of 2015 with a "positive outlook in core
Read moreJohn Laing Group to receive £60.7m refund as Victorian project is suspended
15th Jun 2015 08:14
Infrastructure company John Laing Group said the East West Connect consortium, in which the group holds a 30% stake, has reached an agreement with the Victorian Government for a final resolution to the East West Link project. Under the terms of the agreement, the London-listed group will be returned
Read moreAggreko demoted as Inmarsat joins FTSE 100
4th Jun 2015 15:10
Temporary power provider Aggreko was a casualty of the latest quarterly FTSE 100 review, demoted to the 250 index as satellite company Inmarsat enjoyed a promotion. Aggreko has a market capitalisation of around £3.95bn, whereas Inmarsat has a market value of around £4.53bn. Banknote printer De La R
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