19th Apr 2010 16:32
Ludgate Environmental Fund: NAV Update
Ludgate Environmental Fund announces that as at 31 March 2010 the unaudited Net Asset Value per Share of the Company was 100.5p (at 31 December 2009:104p).
About Ludgate Environmental Fund:
Ludgate Environmental Fund Limited ("LEF" or "the Fund") invests in a diverse portfolio of late stage opportunities in the European cleantech sector.
Applying an active management approach, LEF invests growth capital into cleantech companies. The underlying drivers in this sector are strong: increasing strains on natural resources; rising concerns over waste and pollution; increasing public support; and maturing environmental technologies. Focus areas of the Fund include alternative energy; waste management and resource recovery; energy efficiency; water management; industrial process advances and emission reduction technologies.
LEF was launched in August 2007 and further fundraisings completed in March and November 2008 have seen assets increase to approximately £50 million. 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.
Website: www.ludgateenvironmental.com
Ludgate Environmental Fund
John Shakeshaft +44 (0)7771 976 278
Ludgate Investments Limited
Nick Pople / Nigel Meir +44 (0)20 7621 5770
Media Enquiries
Shared Value Limited
Peter Edsinger +44 (0)20 7321 5038
NOMAD
PricewaterhouseCoopers LLP
Melville Trimble +44(0)20 7213 8898
Broker
Matrix Corporate Capital LLP
Paul Fincham +44 (0)20 3206 7175
Related Shares:
LEF.L