19LP Affinity Wtr 36

TIDM19LP

RNS Number : 2598Z

Affinity Water Finance PLC

12 May 2023

Affinity Water Finance PLC

(the "Company")

GBP10 million of 1.024% Sterling Denominated Retail Price Index-Linked Bonds due 2033

GBP60 million of 2.699% Sterling Denominated Fixed Rate Bonds due 2033

GBP250 million of 4.5% Sterling Denominated Fixed Rate Bonds due 2036

GBP85 million of 3.278% Sterling Denominated Fixed Rate Bonds due 2042

GBP60 million of 0.23% Sterling Denominated Consumer Price Index-Linked Bonds due 2042

GBP190 million of 1.548% Sterling Denominated Retail Price Index-Linked Bonds due 2045

issued by the Company and guaranteed by Affinity Water Limited ("Affinity Water")

_________________________________________________________________________________________

AFFINITY WATER ANNOUNCES CHANGE TO ITS BOARD OF DIRECTORS

12 May 2023

Affinity Water Limited announces that Marissa Dardi, non-executive director, and shareholder representative of DIF Capital Partners is to step down from the Board today 12 May 2023 following her resignation from DIF Capital Partners. Adam Waddington has been appointed to the Board as Marissa's replacement, subject to a pre-appointment meeting with Ofwat.

Adam is an experienced infrastructure professional who has been a Managing Director with DIF for over 10 years. Prior to DIF, Adam was at Amber Infrastructure and Babcock and Brown, Deloitte, and Anderson.

Chairman of Affinity Water, Ian Tyler said:

"I would like to thank Marissa for her time and expertise as both director and prior to that as shareholder observer. The Board would like to take this opportunity to thank Marissa for her contribution and wish her well for the future.

I am delighted to welcome Adam to the Board and very much look forward to working with him. I am confident that, with his background and range of experience, he will bring valued insight and expertise to the Board."

Marissa Dardi said:

"I have thoroughly enjoyed my time on the Affinity Water Board. It is a challenging yet exciting time for the water industry and I am pleased to hand over to Adam as the Company works to deliver on its continued commitments to customers, communities and the environment for AMP7 and beyond."

Adam Waddington said:

"I am really excited to be joining the Board at Affinity Water and feel assured that Affinity has the strategic, operational and management cornerstones to build on its success for the future."

ENDS

For further information, please visit our website or contact: investor.relations@affinitywater.co.uk

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

__________________________________________________________________________________________

DISCLAIMER - INTENDED ADDRESSEES

This announcement is a communication to the market.

Nothing in this announcement constitutes an offer of securities for sale in the United States or any other jurisdiction. This announcement does not constitute a prospectus or a prospectus equivalent document. This announcement has been delivered to you on the basis that you are a person into whose possession this announcement may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver this announcement to any other person. The distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities laws of any such jurisdiction.

Your right to access this service is conditional upon complying with the above requirements.

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 rns@lseg.com 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

BOAGCGDUDXBDGXD

(END) Dow Jones Newswires

May 12, 2023 05:35 ET (09:35 GMT)

Affinity Wtr 36 (LSE:19LP)
Historical Stock Chart
From Oct 2024 to Nov 2024

Affinity Wtr 36 (LSE:19LP)
Historical Stock Chart
From Nov 2023 to Nov 2024