JLEN Environmental Assets : Appointment of Non-Executive Director

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Jlen Environ - JLEN Appointment of Non-Executive Director Released 07:00 28-Feb-2020

RNS Number : 4179E

Jlen Environmental Assets Grp

28 February 2020

28 February 2020

JLEN Environmental Assets Group Limited

Appointment of Non-Executive Director

The Board of JLEN Environmental Assets Group Limited ('JLEN' or the 'Company') is pleased to announce the appointment of Stephanie Coxon as a non-executive director of the Company. Stephanie's appointment will commence from 11 June 2020, coinciding with the expected date of publication of the Company's annual results for the year-ended 31 March 2020.

Stephanie is a Guernsey resident who brings considerable financial experience, particularly from a fifteen-year career spent with PwC, specialising in the reporting accountant and audit services of investment funds and REITs listed on the London Stock Exchange. Stephanie is a fellow of the Institute of Chartered Accountants of England and Wales.

Stephanie will be leaving PwC CI on 20 March 2020 where she is currently Capital Markets Director.

Richard Morse, Chairman said:

'We are delighted to welcome Stephanie to the Board and believe that her skills, background and experience in corporate finance and capital markets will complement the skillsets of the existing directors and bring greater diversity to the Board. We are confident that Stephanie will be a positive addition to the Company.'

No further disclosures are required for Stephanie Coxon in respect of paragraphs 9.6.13 of the Financial Conduct Authority's Listing Rules.

For further information please contact:

Foresight Group Chris Tanner Chris Holmes	[phone]
Winterflood Securities Limited Neil Langford Chris Mills	[phone]
Praxis Fund Services Matt Falla Gemma Woods	[phone]

About JLEN

JLEN's investment policy is to invest in environmental infrastructure projects that have the benefit of long-term, predictable, wholly or partially inflation-linked cash flows supported by long-term contracts or stable regulatory frameworks.

Environmental Infrastructure is defined by the Company as infrastructure projects that utilise natural or waste resources or support more environmentally-friendly approaches to economic activity. This could involve the generation of renewable energy (including solar, wind, hydropower and biomass technologies), the supply and treatment of water, the treatment and processing of waste, and projects that promote energy efficiency.

JLEN's aim is to provide investors with an annual dividend that is sustainable and increases in line with inflation. The target dividend for the year to 31 March 2020 is 6.66 pence per share. The dividend is payable quarterly.

Further details of the Company can be found on its websitewww.jlen.com.

LEI: 213800JWJN54TFBMBI68

The content of this announcement has been prepared by and is the sole responsibility of the Company.

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Appointment of Non-Executive Director - RNS