Today news
About the same in other media
JLEN Environmental Assets faces discontinuation vote following further NAV dip
Reading now: 536
In its annual results published today (21 June), the trust's NAV dropped to £751.2m in the year ending 31 March 2024, down from £814.6m recorded a year before. Similarly, NAV per share was down to 113.6p from 123.1p. However, JLEN attributed the fall to dividend payments to shareholders, which were «in line» with the trust's target. The drop in NAV came on the back of lower power price forecasts, a change in outlook for battery revenues and increases in discount rates. As a result, the trust will face a discontinuation vote at the upcoming annual general meeting in September, when th...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Stock market today: Asian stocks follow Wall Street rise, but Nvidia tumbles again as AI mania cools abcnews.go.com /4 months ago
European ESG fund fees fall further than non-ESG peers over past decade investmentweek.co.uk /4 months ago
Man who attacked Nancy Pelosi's husband also found guilty of kidnapping and faces life in prison economictimes.indiatimes.com /4 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
