Hi Rik--nope, no idea from me.
It may well be at least characters from two different fonts. I cannot find any single font with the pointy 'N' characters and a flat-topped 'A', especially that flattened.
Messing around, I also cannot find and exact match where the bowl of the 'U' also has a flat-topped 'A', or the 'C' terminates the same, or 3 equal lengths on the 'E', etc., etc.
Sorry.
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