28th Jan 2022 19:18
JLEN Environmental Assets Group Ltd - environmental infrastructure investment fund - Raises GBP60.7 million through an oversubscribed placing and subscription for 60.1 million shares at a price of 101 pence each.
Proceeds from the equity raise will go towards repaying its debt facility and fund a pipeline of environmental infrastructure opportunities.
JLEN Environmental now has 661.5 million shares issued overall.
Current stock price: 104.60 pence, up 2.6% on Friday
12-month change: down 9.4%
By Dayo Laniyan; [email protected]
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