REG - Aquila Energy Effcn. - Dividend Declaration

Aquila Energy Efficiency TrustAnnouncement

15/09/2022 07:00

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RNS Number : 5152Z  Aquila Energy Efficiency Trust PLC  15 September 2022

15 September 2022

Aquila Energy Efficiency Trust PLC (the "Company")

 Dividend Declaration

The Board is pleased to declare its first interim dividend, for the period
from 1 April 2022 to 30 June 2022, of 1 pence per Ordinary share. The
dividend will be paid on 31 October 2022 to shareholders who appear on the
register on 30 September 2022.  The Company's Ordinary shares will be marked
ex-dividend on 29 September 2022.

As set out in the prospectus published on 10 May 2021, the Company is
targeting a dividend of a minimum of 3.5 pence per Ordinary Share in relation
to the financial year ending 31 December 2022. As announced in the Company's
Half-yearly Financial Report published today, the Board does not expect that
this stated dividend target will be fully covered by earnings, due to slower
than anticipated deployment. However, the Board has decided that it will
retain this dividend target for the current financial year and meet any
earnings shortfall through paying out of distributable reserves.

 

 

For further information please contact:

Sanne Fund Services (UK) Limited  +44 (0) 20 3327 9720

Company Secretary

 

LEI: 213800AJ3TY3OJCQQC53

 

Notes:

*The dividend target set out above is a target only and not a profit forecast.
There can be no assurance that this target can or will be met and it should
not be seen as an indication of the Company's expected or actual results or
returns. The Company's ability to distribute dividends will be determined by
the existence of sufficient distributable reserves, legislative requirements
and available cash reserves. Accordingly, investors should not place any
reliance on this target in deciding whether to invest in the ordinary shares
or assume that the Company will make any distributions at all.

 

 

 

 

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