Source - RNS
RNS Number : 4799J
John Laing Infrastructure Fund
12 September 2016

12 September 2016


John Laing Infrastructure Fund Limited ("the Company" or "JLIF")

2016 First Interim Dividend


The Board has declared an interim dividend covering the period 1 January 2016 to 30 June 2016.


Distribution period:

1 January 2016 - 30 June 2016

Distribution amount per share:

3.41 pence

Ex-dividend date:

22 September 2016

Dividend record date:

23 September 2016

Last date to elect/revoke elections:

14 October 2016

Payment date/Allotment of scrip:

24 October 2016

Scrip Alternative in operation:




The Directors intend that the Company will generally restrict distributions (by way of dividend or otherwise) to the level of distributable cash flows, and dividends to the level of income from the Fund's investments, as recognised in the relevant financial period. Any such dividend or distribution shall be made conditional on the passing of the solvency test under Guernsey law.


Distributions on the shares are expected to be paid twice a year, normally in respect of the six month period to 30 June and 31 December respectively, and are expected to be made by way of interim dividends.


The Board intends to offer a scrip dividend alternative for this distribution to those investors who wish to receive additional JLIF securities in lieu of a cash payment. A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms will be mailed on or about 30 September 2016 to all eligible JLIF shareholders on the register as at the record date for the dividend, being 23 September 2016. The scrip dividend election forms will need to be completed and returned to Capita Registrars Limited by 14 October 2016 by those investors who wish to receive shares in lieu of cash other than those shareholders who have previously given a Scrip Dividend Mandate to the Company.


Note: The times and dates in this announcement are expected times and dates only and are subject to change.  Any such changes will be notified to shareholders through a regulatory information service.




For further information, please contact:

John Laing Capital Management Limited                                              020 7901 3326

Andrew Charlesworth


Finsbury                                                                                                              020 7251 3801

Faeth Birch

Phillip Walters


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