Transfer of Broker (4246Y)

TIDMLCA

RNS Number : 4246Y

Low Carbon Accelerator Limited

01 March 2012

1 March 2012

Transfer of Broker to Jeffries International Limited

Low Carbon Accelerator Limited (the "Company") announces that Jefferies Hoare Govett, a division of Jefferies International Limited, has been appointed as the Company's Broker with immediate effect. This follows the completion of the transfer of the broking business of RBS Hoare Govett Limited to Jefferies International Limited.

About Low Carbon Accelerator: www.lowcarbon.gg

Low Carbon Accelerator Limited is a closed ended investment company created to invest in a portfolio of fast-growing low carbon businesses. The Company listed on the AIM Market of the London Stock Exchange on 11 October 2006, raising GBP44.5 million. On 26 June 2009, the Company announced that it had raised a further GBP10 million, net of expenses, following the successful placing of a further 41.6 million shares.

The Company's investment objective is to provide shareholders with an attractive return on their investment primarily through significant minority (predominately 25% and above) holdings in a diverse portfolio of unquoted private companies providing low carbon products and services.

The Company invests principally in companies which provide low carbon products and services across the following sectors:

-- Energy efficiency (reductions in energy inputs at source, improved conversion and reductions at point of use)

-- Energy generation (sustainable and clean energy, micro and distributed generation)

The Company's investment strategy is to target trading businesses with patentable technologies and products with a clear commercial application and the opportunity to gain a large market share of a new or expanding market. The Company focuses on businesses with experienced management teams who have developed commercially viable products providing easily adoptable solutions which deliver immediate reductions in carbon dioxide emissions.

Enquiries:

 
Low Carbon Investors Limited      Steve Mahon, CIO           Tel: +44 (0)20 7631 2630 
                                   Andrew Affleck, Chairman 
 
Grant Thornton Corporate Finance  Colin Aaronson             Tel: +44 (0) 20 7383 5100 
                                   Melanie Frean 
Jefferies Hoare Govett            Gary Gould                 Tel: +44 (0) 20 7029 8303 
                                   Alex Collins

This information is provided by RNS

The company news service from the London Stock Exchange

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