Business
Issue of Equity to Investment Adviser
Issue of Equity to Investment Adviser.
About this update from Aquila European Renewables Plc Registered
[{"type":"text","content":"\n \n \n \n RNS Number : 2924Y\n Aquila European Renewables Income\n 11 May 2021\n \n \n \n \n 11 May 2021\n \n \n Aquila European Renewables Income Fund plc\n \n \n (the \"Company\")\n \n \n \n \n \n Issue of Shares in connection with the payment of Investment Adviser fees\n \n \n \n \n \n The Company announces that it has issued today 575,271 ordinary shares (\"New Ordinary Shares\") to Aquila Capital Investmentgesellschaft mbH, the Company's Investment Adviser, in relation to fees payable for the three-month period ended 31 March 2021. The New Ordinary Shares have been issued pursuant to the Investment Advisory Agreement (\"IAA\"), details of which were disclosed in the prospectus published by the Company on 17 September 2020.\n \n \n \n \n \n The New Ordinary Shares are being issued at the latest prevailing adjusted Net Asset Value ('NAV')* as at 31 March 2021 of €1.0213 per Ordinary share. \n \n \n \n \n \n Applications will be made for the New Ordinary Shares to be admitted to the premium segment of the Official List, and to trading on the London Stock Exchange's Main Market for listed securities (\"Admission\"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence at 8am on 17 May 2021. The New Ordinary Shares will rank pari passu with the ordinary shares already in issue.\n \n \n Following Admission, the Company's issued share capital will consist of 318,200,084 ordinary shares. Therefore, the total number of voting rights of the Company is 318,200,084 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules. \n \n \n *the adjusted NAV is the NAV as at 31 March 2021 of €1.0088 plus the dividend of 1.25 cents paid during the period.\n \n For further details contact:\n Media contacts:\nSmithfield Consultants\n Ged Brumby | 020 3047 2527\n John Kiely | 020 3047 2538\n Andrew McLagan | 020 3047 2006\n \n \n \n Sponsor, Broker and Placing Agent\n Numis Securities 020 7260 1000\n Tod Davis\n David Benda\n Vicki Paine\n \n \n Joint Financial Advisor\n \n \n Kempen & Co +31 20 348 8000\n \n \n Thomas ten Hoedt\n \n \n Michiel Klom...