JLEN Environmental Assets Group Limited
("JLEN" or the
"Company")
Transaction in Own Shares and
Total Voting Rights
The Board of JLEN announces that on
2 September 2024 the Company purchased for treasury
500,000 ordinary shares of 1p each, at a price of 95.1p per
share.
Following the transaction, JLEN's
issued share capital comprises:
660,531,229 shares (excluding
treasury shares)
1,000,000 shares held in
treasury
661,531,229 shares (including
treasury shares)
Following this transaction, the
Company has 660,531,229 ordinary shares with voting rights in
issue. The above figure (660,531,229) may be used by shareholders
as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change to their interest in, the Company under the FCA's Disclosure
Guidance and Transparency Rules.
For further information, please
contact:
|
Foresight Group
Chris Tanner
Edward Mountney
Wilna de Villiers
---------
|
+44(0)20 3667 8100
institutionalir@foresightgroup.eu
|
|
Winterflood Securities Limited
Neil Langford
|
+44(0)20 3100 0000
|
|
SEC
Newgate
Elisabeth Cowell
Alice Cho
Harry Handyside
|
+44 (0)20 3757 6882
Jlen@secnewgate.co.uk
|
|
Apex Fund and Corporate Services (Guernsey)
Limited
Matt Lihou
Matt Falla
|
+44(0)20 3530 3600
|
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
2025 is 7.80 pence per share¹. The dividend is payable
quarterly.
JLEN is an Article 9 fund under the
EU Sustainable Finance Disclosure Regulation and has a transparent
and award winning approach to ESG.
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.