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Pin to quick picksBristol Wtr.8t% Regulatory News (BWRA)

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Change in ownership of Bristol Water plc

3 Jun 2021 07:00

RNS Number : 6978A
Bristol Water PLC
03 June 2021
 

 

 

RNS Announcement

BRISTOL WATER PLC

It is announced that Pennon Group PLC ("Pennon") has today agreed to acquire 100% of the issued share capital of Bristol Water Holdings UK Limited and its subsidiaries, including Bristol Water plc (Bristol Water), (together the Bristol Water Group), from its indirect shareholders; (a) infrastructure funds advised by iCON Infrastructure LLP; and (b) ITOCHU Corporation (the Acquisition). The Acquisition has been agreed and signed, with completion expected to occur later today, 3 June 2021.

Accordingly, by virtue of the Acquisition, Bristol Water plc will become a wholly owned subsidiary of Pennon and a member of the Pennon Group of companies (the "Group"). The Acquisition is subject to review by the Competition and Markets Authority, with input from the Water Services Regulation Authority (Ofwat).

Pennon is a UK-focused water infrastructure group, comprising South West Water (incorporating Bournemouth Water) and Pennon Water Services. The Pennon Group, including the Bristol Water Group, builds on a strong heritage and history and brings great people and businesses together. The Acquisition will allow Bristol Water to continue to deliver enhanced resilience and water security, benefitting its customers in Bristol and beyond.

 

Dated: 03 June 2021

For further information contact:

Helen Hancock, Company Secretary +44 (0) 7976 731814

LEI Number 549300V0DVQGSADLDB82

 

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Date   Source Headline
10th Oct 200711:00 amRNSDirectorate Change
27th Sep 200711:33 amRNSDividend Declaration
24th Sep 20075:08 pmRNSDirectorate Change
17th Sep 200711:09 amRNSApplication to Ofwat
6th Aug 20073:23 pmRNSAGM Statement
11th Jun 20074:08 pmRNSAnnual Information Update
31st May 20077:02 amRNSFinal Results
24th May 20077:01 amRNSDirectorate Change
22nd Mar 20073:36 pmRNSDividend Declaration
30th Nov 20067:30 amRNSInterim Results
28th Sep 20062:58 pmRNSDividend Declaration
11th Sep 200610:49 amRNSResult of AGM
28th Jul 20067:30 amRNSAnnual Information Update
13th Jul 20067:00 amRNSFinal Results
19th Jun 20064:54 pmRNSDirectorate Change
16th May 20063:13 pmRNSDividend Declaration
26th Apr 20065:51 pmRNSRule 8.3- Bristol Water Plc
26th Apr 20063:02 pmRNSRule 8.3- Bristol Water PLC
21st Apr 20068:02 amRNSOffer Update
31st Mar 200612:10 pmRNSRe Trading Update
28th Mar 20063:27 pmRNSDividend Payment
3rd Jan 20063:42 pmRNSRedemption of Debentures
8th Dec 20057:01 amRNSInterim Results
29th Sep 200511:23 amRNSDoc re. Repayment of Stock
29th Sep 200510:10 amRNSDividend Declaration
4th Aug 20054:29 pmRNSDirectorate Change
18th Jul 200511:54 amRNSResult of AGM
7th Jul 20057:00 amRNSRe: Reduction of Capital
6th Jul 200511:50 amRNSCourt Approval
16th Jun 200511:51 amRNSResult of EGM
13th Jun 20055:22 pmRNSRe: Financing
13th Jun 20055:19 pmRNSRe: Financing
26th May 20057:00 amRNSFinal Results
20th May 20055:19 pmRNSPosting of Circular
20th May 20057:00 amRNSReturn of Capital
17th May 200511:15 amRNSNotice of Results
1st Apr 20057:00 amRNSDirectorate Change

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