JLEN Environmental Assets Group Ltd Directorate Change (4979U)
02 August 2022 - 8:00AM
UK Regulatory
TIDMJLEN
RNS Number : 4979U
JLEN Environmental Assets Group Ltd
02 August 2022
2 August 2022
JLEN Environmental Assets Group Limited
Director and Chair Appointment
The Board of JLEN Environmental Assets Group Limited ("JLEN" or
the "Company") is pleased to announce that Ed Warner, OBE has been
appointed Chair of JLEN with effect from 2 August 2022, succeeding
Richard Morse who stepped down on 15 July 2022.
Ed brings extensive financial services experience from his time
spent in senior positions at several investment banks and financial
institutions, including IFX Group, Old Mutual, NatWest Markets, and
Dresdner Kleinwort Benson. He also has considerable investment
trust experience, having been Chair of both Standard Life Private
Equity Trust plc and Blackrock Energy and Resources Income Trust.
He is currently Chair of HarbourVest Global Private Equity Limited.
Ed has also previously served as Chair of Air Partner plc and
non-executive director and interim Chair of Clarkson plc.
Richard Ramsay, Senior Independent Director, commented:
"I am pleased to welcome Ed to the JLEN Board. He brings deep
knowledge of financial markets and the investment trust sector and
is well placed to lead the board in the future as JLEN, now a FTSE
250 company, continues to invest in the environmental
infrastructure sector."
Ed Warner commented:
"I am delighted to join the board at JLEN and look forward to
working with the Board and team at Foresight to continue to
diversify our portfolio and grow the company and deliver excellent
returns for shareholders in this vital asset class."
No further disclosures are required for Ed Warner in respect of
paragraphs 9.6.13 of the Financial Conduct Authority's Listing
Rules.
For further information please contact:
Foresight Group
Chris Tann er
Chris Holmes +44(0)20 7901 3559
Winterflood Securities Limited
Neil Langford
Chris Mills +44(0)20 3100 0000
SEC Newgate
Elisabeth Cowell/Axaule Shukanayeva/
Max Richardson +44 (0)20 3757 6882
Sanne Fund Services (Guernsey)
Limited
Matt Falla
Gemma Woods +44(0)1481 755530
About JLEN
JLEN's investment policy is to invest in a diversified portfolio
of Environmental Infrastructure. Environmental Infrastructure is
defined by the Company as infrastructure assets, projects and
asset-backed businesses that utilise natural or waste resources or
support more environmentally friendly approaches to economic
activity, support the transition to a low carbon economy or which
mitigate the effects of climate change. Such investments will
typically feature one or more of the following characteristics:
-- long-term, predictable cash flows, which may be wholly or
partially inflation-linked cash flows;
-- long-term contracts or stable and well-proven regulatory and
legal frameworks; or
-- well-established technologies, and demonstrable operational
performance
JLEN's aim is to provide investors with a sustainable,
progressive dividend per share, paid quarterly and to preserve the
capital value of the portfolio over the long term on a real basis.
The target dividend for the year to 31 March 2023 is 7.14 pence per
share (1) . The dividend is payable quarterly.
Further details of the Company can be found on its website www.jlen.com
LEI: 213800JWJN54TFBMBI68
(1) These are targets only and not profit forecasts. There can
be no assurance that these targets will be met or that the Company
will make any distributions at all.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAKZGGRKMGGZZM
(END) Dow Jones Newswires
August 02, 2022 02:00 ET (06:00 GMT)
Jlen Environmental Assets (LSE:JLEN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Jlen Environmental Assets (LSE:JLEN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024