StockMarketWire.com - John Laing Group has sold its 100% investment in Llynfi wind farm in Wales to John Laing Environmental Assets Group and increased its level of realisations for 2017.

It said the consideration of £43m (before costs) wasin line with the most recent portfolio valuation.

It said this and other realisations already announced in the year to date of £256m, the group's total realisations announced in 2017 amounted to £299m.

It said no further realisations were expected in 2017.

Chief executive Olivier Brousse said: 'We are pleased to announce a further disposal as we continue to take advantage of strong demand for operating assets in order to fund our pipeline of attractive investment opportunities.

'As re-iterated in our pre-close update last week, our special dividend is based on realisations, and these are well ahead of the guidance of approximately £200m we gave earlier in the year.'


At 8:19am: [LON:JLG] John Laing Group Plc share price was +0.5p at 276p



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