Aquila Energy Efficiency Trust PLC (GB:AEET) has released an update.
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Aquila Energy Efficiency Trust PLC has successfully completed a tender offer for 18,561,732 Ordinary Shares, which represents around 18.6% of the company’s issued share capital, at a price of 94.28 pence per share. The shareholders who participated in the tender offer had their Basic Entitlement shares purchased in full, and additional shares were bought back on a scaled basis. The general meeting resolution to authorize the share purchase was passed nearly unanimously, and the settlement is expected to occur around 15 May 2024.
For further insights into GB:AEET stock, check out TipRanks’ Stock Analysis page.
