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Annual Overview from QuotedData

RNS Number : 8588X

JLEN Environmental Assets Group Ltd

25 July 2024

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JLEN Environmental Assets - Annual Overview from QuotedData

25^th July 2024

Vote against discontinuation

JLEN Environmental Assets (JLEN) and the wider renewable energy infrastructure sector have traded at a persistently wide discount to net asset value (NAV) with investor sentiment continuing to wane. This has triggered the activation of a discontinuation vote at JLEN's annual general meeting (AGM) in September. We strongly believe shareholders should vote against discontinuation, taking into account the strong long-term track record of the company, which has produced NAV total returns of 119.5% since its launch just over 10 years ago to the end of June and delivered dividend growth every year.

The fundamental growth story for the sector remains as strong as ever, with investment in the energy sector continuing to swell - the majority of which is going to clean energy technology such as renewables, low carbon fuels, nuclear, grids and battery storage.

Full Research:

https://quoteddata.com/research/jlen-environmental-assets-vote-against-discontniuation-qd/

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Annual Overview from QuotedData - Jlen Environmental Assets Group Limited | RNS | Ticker