REG - Aquila Energy Effcn. - Dividend Declaration

Aquila Energy Efficiency TrustAnnouncement

16/02/2023 07:16

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230216:nRSP0653Qa&default-theme=true

RNS Number : 0653Q  Aquila Energy Efficiency Trust PLC  16 February 2023

16 February 2023

 

Aquila Energy Efficiency Trust PLC

(the "Company")

 Dividend Declaration

The Board of the Company is pleased to declare an interim dividend for the
period from 1 October 2022 to 31 December 2022 of 1.25 pence per Ordinary
Share, resulting in a total dividend of 3.5 pence per Ordinary Share in
respect of the financial year ended 31 December 2022.

The interim dividend will be paid on 20 March 2023 to shareholders who appear
on the register on 3 March 2023. The Company's Ordinary Shares will be marked
ex-dividend on 2 March 2023.

The Company targeted* a dividend of 3.5 pence per Ordinary Share for the
twelve-month period ended 31 December 2022 and is targeting 5.0 pence per
Ordinary Share for the twelve-month period ended 31 December 2023. As
disclosed in the Chair's Letter accompanying the Notice of General Meeting
published on 13 February 2023, following consultation with shareholders in
April 2022, it was decided that the Company's dividend payment in respect of
the twelve-month period ended 31 December 2022 would be paid principally out
of capital. The targeted dividend payments for the twelve-month period ended
31 December 2023 are currently anticipated to be substantially covered by net
income.

 

Enquiries:

 Aquila Capital (Investment Adviser)                              Via Buchanan

 Buchanan (Financial PR)                                          020 7466 5000

 Charles Ryland, Henry Wilson, George Beale

 Peel Hunt (Broker)                                               020 7418 8900

 Luke Simpson, Huw Jeremy (Investment Banking)

 Apex Listed Companies Services (UK) Limited (Company Secretary)  020 3327 9720

 Maria Matheou, Brian Smith

 

LEI: 213800AJ3TY3OJCQQC53

 

Note:

*The target returns and dividends set out above are targets only and are not
profit forecasts. There can be no assurance that these targets can or will be
met and they 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 these targets in deciding whether to invest
in the Ordinary Shares or assume that the Company will make any distributions
at all.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVTAMRTMTJBBJJ