12th Jan 2022 15:52
JLEN Environmental Assets Group Ltd - environmental infrastructure investment fund - Announces placing and offer for subscription for up to 60.1 million new shares at 101 pence each, worth around GBP60.7 million. Company is currently GBP109.8 million drawn on its revolving credit facility and the net proceeds of the issue will be used to repay the facility and fund a pipeline of environmental infrastructure opportunities.
Current stock price: 102.60 pence, down 1.2%
12-month change: down 10%
By Greg Roxburgh; [email protected]
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