Leaf Clean Energy Company Orderly realisation and return of capital (8729H)
May 23 2014 - 2:01AM
UK Regulatory
TIDMLEAF
RNS Number : 8729H
Leaf Clean Energy Company
23 May 2014
Leaf Clean Energy ("Leaf" or the "Company")
23 May 2014
Orderly realisation and return of capital to shareholders
Following a review of the investment portfolio and strategy of
the Company as well as consultation with its major shareholders,
the Board of Leaf has decided to recommend to shareholders that the
investment policy of the Company is amended such that the Board can
pursue a strategy of orderly realisation and return of capital to
shareholders. it is emphasised that the orderly realisation
strategy will not result in the liquidation of the Company in the
immediate future or require it to dispose of assets within a
defined time frame. The proposed new strategy will be implemented
in such a manner that maximises the value of the Company's
investments.
A circular will be sent to shareholders on or around 9 June
containing details of the proposed change of investment policy, the
Board's recommendation and a notice of general meeting to approve
the change of investment policy and related matters.
Enquiries:
Leaf Clean Energy +1 (415) 264 5096
Mark Lerdal, Chairman
Cenkos Securities +44 (0) 207 397 8900
Ivonne Cantú/Nick Wells
This information is provided by RNS
The company news service from the London Stock Exchange
END
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