In QuotedData’s other news 27 November 2019
- Leaf Clean Energy (LEAF) is to hold an extraordinary general meeting on December 17 2019 as its board has concluded that it is no longer necessary for the shares to be admitted to trading on AIM and is therefore proposing the cancellation. Following the recent return of £21.5m to shareholders through a compulsory redemption of shares, the board has said it is unlikely any further significant funds will be returned to shareholders. Upon completion of the redemption, LEAF became a cash shell for the purposes of AIM Rule 15 and as such must make an acquisition or acquisitions, which constitute a reverse takeover (for the purposes of the AIM rules) within six months in order to maintain its quoted status. With this in mind, the board believes the company’s investment objective has been substantially achieved.
We have interim results from JZ Capital Partners (including a QuotedData comment), Sequoia Economic Infrastructure, Fidelity China Special Situations, Aberdeen New India and LondonMetric. Elsewhere, Greencoat Renewables increased its wind capacity and Merian Chrysalis topped up two of its holdings.