Net Asset Value and Dividend announcement

JLEN, the listed environmental infrastructure fund, announces its unaudited Net Asset Value (“NAV”) as at 31 December 2021 and interim dividend for the quarter ended on that date.

The Company’s unaudited NAV as at 31 December 2021 was £605.6 million or 100.7 pence per share, an increase of 2.3 pence per share since 30 September 2021. The continued increase from September is due to a further upward revision of power price assumptions, including reflecting actual fixed price arrangements.

Dividend

The Company also announces a quarterly interim dividend of 1.70 pence per share for the quarter ended 31 December 2021, in line with the dividend target of 6.80p per share for the year to 31 March 2022, as set out in the 2021 Annual Report. The Company reiterates its expectation of meeting that target.

Dividend timetable

• Ex-dividend date 3 March 2022
• Record date 4 March 2022
• Payment date 25 March 2022

[/one_third_last]

Below is an interview with the investment team, Chris Tanner & Chris Holmes who talk us through the highlights from the recent set of financial results