JLEN.L Regulatory News (JLEN)

16 September 2024

JLEN Environmental Assets Group Limited

("JLEN" or the "Company")

Change of Name to Foresight Environmental Infrastructure Limited

At the Company's AGM held on Friday 13 September 2024, shareholders voted in favour of the resolution to change the Company's name to Foresight Environmental Infrastructure Limited ("FGEN").

As such, the change of name became effective on Monday 16 September 2024.

Further, the Company's stock market ticker will become "FGEN", effective as of 08:00 a.m. on Tuesday 17 September 2024. In conjunction, the Company's website will also change to https://www.fgen.com/

The Company's ISIN, SEDOL, and CUSIPs will remain unchanged and its Legal Entity Identifier (LEI) remains 213800JWJN54TFBMBI68.

Shareholders should note that their shareholdings will be unaffected by the change of name. Existing share certificates should be retained as they will remain valid for all purposes and no new share certificates will be issued.

For further information please contact:

About FGEN

FGEN'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.

FGEN'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. 

FGEN 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.FGEN.com which will be live from 08:00 on Tuesday 17 September 2024.

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.