27th Apr 2009 15:14
Ludgate Environmental Fund Limited
Ludgate Environmental Fund appoints Sian Hansen to the Board
Ludgate Environmental Fund Limited ("LEF" or the "Fund"), the AIM-listed investment company focused on companies within the Environmental/Cleantech sector, has announced the appointment on 24th April 2009 of Sian Elizabeth Hansen (aged 44) as a non-executive and independent director.
Sian is the Managing Director of The Policy Exchange, an educational charity promoting research and discourse on public policy, including environmental and climatic issues. She is also a director of The Women's Refugee Commission (USA) and a director of The Bush Theatre. Sian also currently provides a corporate governance proxy management service for fund investors.
Sian was formerly Head of Sales for Asian equities at Société Générale. Prior to this Sian was an equity analyst and broker with Enskilda Securities in Europe.
John Shakeshaft, chairman, commented "We are very pleased to welcome Sian to the board of Ludgate Environmental. Her experience as an investment analyst and current engagement with policy makers in the environmental sector will assist us in promoting and developing our strategies as well as in the assessment and promotion of specific investments."
About Ludgate Environmental Fund Limited:
Ludgate Environmental Fund Limited ("LEF" of "the Fund") is a Jersey domiciled closed-ended investment company, quoted on AIM under the symbols LEF.L for the shares and LEFW.L for the warrants. The Fund was launched in August 2007, raising £26.7 million at listing. Following further fundraisings the Fund now has assets of approximately £50 million.
The Environmental/Cleantech sector is characterised by products and services which optimise the use of natural resources while reducing environmental impact in ways that enhance economic value. Opportunities include: energy efficiency and alternative energy sources including renewable energy; water treatment and management; waste management and resource recovery; industrial process advances and emission reduction technologies.
LEF was launched to enable investors to participate in a diverse portfolio of investment holdings in Environmental/Cleantech companies. LEF believes that there are a number of key drivers of growth, both in terms of business and investment activities, within this sector including:
increasing demand for, and decreasing supply of, natural resources;
rising concern over the economic costs of waste accumulation and pollution;
growing awareness of environmental issues amongst the public; and
environmental technology advances in recent years.
Website: www.ludgateenvironmental.com
Ludgate Environmental Fund:
Chairman, John Shakeshaft +44 (0)20 7591 4800
Ludgate Investments Limited:
Nick Pople / Nigel Meir +44 (0)20 7621 5770
Media Enquiries :
Carbon International Limited
David Hopkins / Samantha Hill +44 (0)20 7483 3343
NOMAD:
PricewaterhouseCoopers LLP
Melville Trimble +44(0)20 7213 8898
Broker:
Fairfax I.S. PLC
Ewan Leggat +44 (0)20 7598 5368
Related Shares:
LEF.L