JLEN Environmental Assets Group Ltd Acquisition of Praxis Fund Services by Sanne Group (8933U)
07 Diciembre 2021 - 12:13PM
UK Regulatory
TIDMJLEN
RNS Number : 8933U
JLEN Environmental Assets Group Ltd
07 December 2021
7 December 2021
JLEN Environmental Assets Group Limited
(the "Company")
Acquisition of Praxis Fund Services Limited by Sanne Group
plc
The Company announces that, effective 3 December 2021, the fund
services division of the PraxisIFM Group, which included Praxis
Fund Services Limited, the Company Secretary and Administrator of
the Company, was acquired by Sanne Group plc. Effective 6 December
2021, the name of Praxis Fund Services Limited has changed to Sanne
Fund Services (Guernsey) Limited ("Sanne"). There are no changes to
the services provided to the Company by Sanne, or to the Company's
registered address, e-mail or telephone number.
For further information, please contact:
Foresight Group
Chris Tann er
Chris Holmes +44(0)20 3667 8100
Winterflood Investment Trusts
Neil Langford
Chris Mills +44(0)20 3100 0000
SEC Newgate
Elisabeth Cowell
Megan Kovach +44(0)20 3757 6880
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;
-- 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 2022 is 6.80(1) pence
per share. 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.
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END
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