Aquila European Renewables PLC Appointment of Rothschild
October 24 2024 - 2:00AM
RNS Regulatory News
RNS Number : 4445J
Aquila European Renewables PLC
24 October 2024
Aquila European Renewables
plc
Appointment of Rothschild
& Co to support the Managed Wind-Down process
24
October 2024
Aquila European Renewables plc
("AERI" or the "Company") announced on 30 September 2024 that
resolutions in relation to the Discontinuation of the Company as a
closed ended investment company with its current Investment Policy
and amendment of the Company's Investment Policy to enter a Managed
Wind-Down were passed.
As previously announced, it has been
the Board's intention to appoint a third party, other than the
Investment Adviser, to oversee the sale of the Portfolio as part of
the managed wind down process, which may comprise of a sale of all
of the assets, groups of assets (such as specific geographic or
technological portfolios), individual assets of the Company or a
combination thereof.
The Board of the Company has now
appointed Rothschild & Co as the Company's financial adviser in
this regard.
A further announcement in relation
to the Managed Wind-Down process will be announced in due
course.
Enquiries:
|
Deutsche Numis (Financial Adviser and Broker)
David Benda
George Shiel
|
020 7260
1000
|
|
|
|
|
Apex Listed Companies Services (UK)
Limited (Company Secretary)
|
020 3327
9720
|
LEI: 213800UKH1TZIC9ZRP41
END
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