Statement re Albion Water
October 06 2006 - 8:02AM
UK Regulatory
RNS Number:0877K
Welsh Water Utilities Finance PLC
06 October 2006
Statement from Dwr Cymru Welsh Water
06.10.06
Albion Water Limited v. Director General of Water Services (Dwr Cymru/Shotton
Paper). Competition Appeal Tribunal Case: 1046/2/4/04
The Competition Appeal Tribunal judgment is both lengthy and detailed. Dwr Cymru
Cyfyngedig and its lawyers will study it carefully before the company decides
what future steps would be appropriate. Dwr Cymru has always sought a fair
balance in the tariffs for all its customers.
Note:
Glas Cymru is a not for profit company, formed in April 2000 for the sole
purpose of acquiring Welsh Water. It is a 'company limited by guarantee'
registered under the Companies Act 1985. Glas Cymru has no shareholders.
Instead, Members carry out an important corporate governance role but they do
not receive dividends nor do they have any other financial interest in the
Company. This corporate structure ensures that all financial surpluses generated
are retained and reinvested for the benefit of Welsh Water and its customers.
Ends
Enquiries to the Dwr Cymru Welsh Water press office on 029 2055 6140
This information is provided by RNS
The company news service from the London Stock Exchange
END
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