Directorate Change

RNS Number : 4520Z

John Laing Environmental Assets Grp

20 May 2019

 

20 May 2019

John Laing Environmental Assets Group Limited

Appointment of Non-Executive Director

The Board of John Laing Environmental Assets Group Limited ("JLEN" or the "Company"), the listed environmental infrastructure fund, is pleased to announce the appointment of Hans Joern Rieks as a non-executive director of the Company. Hans' appointment will commence from 13 June 2019, coinciding with the expected date of publication of the Company's annual results for the year-ended 31 March 2019.

Hans brings considerable technical and operational experience, particularly in the wind sector across a number of European and global markets. Hans has held senior level positions with Vestas, and spent the last five years with Siemens/Gamesa where he was appointed as CEO of the Wind Power division for Europe, Middle East and Africa.

Richard Morse, Chairman, said:

"We are delighted to welcome Hans to the Board and believe that his skills, background and experience in the Company's target markets will compliment the skillsets of the existing directors. We are confident that Hans will be a positive addition to the Company."

No further disclosures are required for Hans Joern Rieks in respect of paragraphs 9.6.13 of the Financial Conduct Authority's Listing Rules.

For further information, please contact:

John Laing Capital Management Limited Chris Tanner Chris Holmes	[phone]
Winterflood Investment Trusts  Neil Langford Chris Mills	[phone]
Newgate Communications Elisabeth Cowell Ian Silvera Tom Carnegie	[phone]
Praxis Fund Services Matt Falla Gemma Woods	[phone]

About JLEN

JLEN's investment policy is to invest in environmental infrastructure projects that have the benefit of long-term, predictable, wholly or partially inflation-linked cash flows supported by long-term contracts or stable regulatory frameworks.

Environmental Infrastructure is defined by the Company as infrastructure projects that utilise natural or waste resources or support more environmentally-friendly approaches to economic activity. This could involve the generation of renewable energy (including solar, wind, hydropower and biomass technologies), the supply and treatment of water, the treatment and processing of waste, and projects that promote energy efficiency.

LEI: 213800JWJN54TFBMBI68

 

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