REG - Aquila Energy Effcn. - Purchase of shares in relation to inv.advisory fee

Aquila Energy Efficiency TrustAnnouncement

20/02/2023 07:00

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RNS Number : 3437Q  Aquila Energy Efficiency Trust PLC  20 February 2023

20 February 2023

 

Aquila Energy Efficiency Trust PLC

(the "Company")

Purchase of shares in relation to investment advisory fees

The Board of the Company is pleased to announce that Aquila Capital
Investmentgesellschaft mbH (the "Investment Adviser") has undertaken to apply
its fee for the six months to 31 December 2022, which is equal to £463,000,
in acquiring Ordinary Shares of the Company in the market.

As announced on 21 April 2022, the Investment Adviser has agreed to amend the
current Investment Advisory Agreement such that any advisory fees payable are
charged only on committed capital (being the sum of funds actually invested
and funds committed for investment in Energy Efficiency Investments), with
this amendment to be applied retrospectively from the time of the Company's
IPO.

 

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

 

 

 

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