LEF.L Regulatory News (LEF)

17 Jul 2009 07:00

Ludgate Environmental Fund: NAV Update 

Ludgate Environmental Fund announces that in the three month period to 30th June 2009 the unaudited Net Asset Value per Share of the Company has risen from 101.0p to 110.2p.

About Ludgate Environmental Fund:

Ludgate Environmental Fund Limited ("LEF" or "the Fund") is a Jersey domiciled closed-ended investment company, listed on AIM in August 2007. Further fundraisings in March and November 2008 increased assets in LEF to approximately £50 million.

Applying an active corporate management approach, LEF invests growth capital into environmental/cleantech companies. The underlying drivers within this space are strong, increasing strains on natural resources; rising concerns over waste and pollution; increasing public support; and maturing environmental technologies. Focus sectors of the Fund include alternative energy; waste management and resource recovery; energy efficiency; water management; industrial process advances and emission reduction technologies.

Website: www.ludgateenvironmental.com 

Media Enquiries:

David Hopkins

Carbon International

david.hopkins@carboninternational.com

+44 (0)20 7483 7202 

Ludgate Environmental Fund:

Chairman, John Shakeshaft

+44 (0)20 7591 4800

Ludgate Investments Limited:

Nick Pople / Nigel Meir

+44 (0)20 7621 5770

NOMAD - PricewaterhouseCoopers LLP

Melville Trimble

+44(0)20 7213 8898

Broker - Fairfax I.S. PLC

Ewan Leggat

+44 (0)20 7598 5368