Aquila Energy Efficiency Trust PLC Appointment of Non-executive Director (7812J)

TIDMAEET

RNS Number : 7812J

Aquila Energy Efficiency Trust PLC

29 April 2022

29 April 2022

Aquila Energy Efficiency Trust PLC

("AEET" or the "Company")

Appointment of Non-executive Director

Further to its announcement on 21 April 2022, the Board of the Company is delighted to announce the appointment of David Fletcher as an independent non-executive director, and, as Chair of the Audit and Risk Committee. The appointment will take effect immediately. The recruitment process was supported by external consultants.

David will also be appointed as a member of the Company's Nomination, Remuneration and Management Engagement Committees.

David Fletcher was Group Finance Director of Stonehage Fleming Family & Partners, a leading independently owned multi-family office, until 2019 having joined in 2002. Prior to that, he spent 20 years in investment banking with JPMorgan Chase, Robert Fleming & Co. and Baring Brothers & Co Limited, latterly focused on financial services in the UK (asset management and life insurance). He started his career with Price Waterhouse and is a chartered accountant.

He is an independent non-executive director of Ecofin U.S. Renewables Infrastructure Trust PLC, where he is the Chair of the Audit Committee, and, an independent non-executive director of JP Morgan Claverhouse Investment Trust plc, where he is the Senior Independent Director and Chair of both the Audit Committee and the Remuneration Committee. Additionally, David is an independent non-executive director of abrdn Smaller Companies Income Trust plc, where he is the Audit Committee Chair.

Miriam Greenwood, Chair of AEET, commented:

"On behalf of the Board, I am delighted to welcome David to the Board. He brings a wealth of complementary expertise and extensive experience of the investment companies sector that will further strengthen the Board and be hugely valuable to the Company. We very much look forward to working with him.

I would also like to express my gratitude to Nicholas Bliss for acting as interim Chair of the audit committee."

In accordance with the Listing Rules, there are no further matters required to be disclosed pursuant to LR9.6.13R, and, David currently has no beneficial interests in the shares of the Company.

For further information please contact:

Peel Hunt (Broker) 020 7418 8900

Luke Simpson, Huw Jeremy (Investment Banking)

Buchanan (Financial PR) 020 7466 5000

Charles Ryland, Henry Wilson, George Beale

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAPPUMCCUPPGMR

(END) Dow Jones Newswires

April 29, 2022 02:02 ET (06:02 GMT)