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LEAF Leaf Clean Energy Company

454.00
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Leaf Clean Energy Company LSE:LEAF London Ordinary Share KYG541351352 ORD 0.01P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 454.00 390.00 400.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Leaf Clean Energy Company Portfolio Update - MaxWest (9965I)

06/06/2014 7:00am

UK Regulatory


Leaf Clean Energy (LSE:LEAF)
Historical Stock Chart


From Jul 2019 to Jul 2024

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TIDMLEAF

RNS Number : 9965I

Leaf Clean Energy Company

06 June 2014

Leaf Clean Energy ("Leaf" or the "Company")

6 June 2014

Portfolio Update - MaxWest investment written to nil

Leaf Clean Energy have been advised by the Company's representatives on the Board of MaxWest Environmental Systems, Inc., ("MaxWest") that it is experiencing severe financial difficulties. Maxwest recently requested further funding from Leaf and other investors to finance its business but neither Leaf nor any other investor made an additional investment.

The Company has a 44.0% interest in MaxWest and as at 31(st) December 2013 the Company valued its interest as US$17.2 mn (out of a total portfolio value of US$162.6mn). On the basis of this new information the Company has written the value of the investment to nil.

Enquiries:

   Leaf Clean Energy                      +1 (415) 264 5096 

Mark Lerdal, Chairman

   Cenkos Securities plc                  0207 397 8980 

Ivonne Cantu, Nomad

This information is provided by RNS

The company news service from the London Stock Exchange

END

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