LEF Ludgate

TIDMLEF

RNS Number : 4241B

Ludgate Environmental Fund Limited

06 October 2015

Ludgate Environmental Fund Limited

(the "Company")

Expected change in value of portfolio holding

The board of the Company notes that following HM Government's publication of a 'Consultation: Reforming the business energy efficiency tax landscape' incorporating a Treasury review, Tamar Energy Limited, a developer and operator of anaerobic digestion waste and power plants in the United Kingdom, has commenced changes to its business model. The consequential reduction in the value of the Company's interests in Tamar Energy Limited is expected to be between 4 and 7 pence per share of the current NAV.

For further information contact:

   Ludgate Environmental Fund Limited                    +44 (0) 1534 609034 

John Shakeshaft, Chairman

   Ludgate Investments Limited                                    +44 (0) 20 3478 1000 

Bill Weil

   Panmure Gordon (Broker, Nomad)                       +44 (0) 20 7886 2713 

Paul Fincham

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 06, 2015 10:21 ET (14:21 GMT)

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