Asian Energy Impact proposes wind-up after seven-month strategic review

'Best option for shareholders'

Asian Energy Impact (AEIT), the former ThomasLloyd Energy Impact trust, has proposed an orderly wind-up, following the conclusion of a seven-month strategic review into its future.

In a stock exchange notice today (11 April), chair Sue Inglis said the board had concluded that an orderly realisation of assets and a "progressive" return of surplus cash to shareholders is "now the best option for shareholders as a whole". The move follows a period of consultation with its advisers and feedback from investors representing a significant proportion of the trust's issued share capital, it said.  The directors said the wind-up will seek to achieve a balance between maximising the value of AEIT's investments and progressively returning cash to shareholders "in a timely m...