Aquila Energy Efficiency Trust PLC - Hamburg, Germany-based energy-saving focused trust - Returns negative 0.6% per share on a net asset value basis in the period of April 9 to December 31. NAV per share stood at 97.38 pence as at December 31. Net assets at the end of 2021 stood at £97.4 million. Company remains actively engaged with its investment advisor to reach the target of full deployment of its initial public offering proceeds by the end of 2022 or early 2023. Acceleration in the pace of deployment is expected in July.

The firm is not recommending payments of a dividend for the first quarter of 2022 due to the delay in receiving income for distribution and that the financial statements are yet to be filed.

Regarding its outlook, the company believes it has the potential to provide shareholders with a risk-return profile while achieving a positive environmental impact for the economy and society despite the risks posed by the war in Ukraine.

Current stock price: last traded at 78.00 on Friday

12-month change: down 18%

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