TIDM60ZJ TIDMTTM

RNS Number : 4388P

Wales & West Utilities Finance PLC

09 October 2023

WALES & WEST UTILITIES FINANCE PLC

(incorporated with limited liability in England & Wales with registered number 6766848)

ANNOUNCEMENT OF REPLACEMENT AND ADDITIONAL EQUITY TRANSACTIONS

9 October 2023

Wales & West Utilities Finance plc (the "Issuer") refer to the announcement published on 26 September 2023 in relation to replacement and additional equity (the "Announcement").

The Issuer announces that the transactions referenced in the Announcement have been successfully completed. Wales & West Utilities Limited ("WWU") received: (i) on 27 September 2023, GBP759 million of equity to replace an equivalent amount repaid to certain loan noteholders affiliated with its indirect shareholders; and (ii) on 9 October 2023, GBP147 million of additional equity (being the GBP150m less working capital requirements above WWU of GBP3 million).

Investor Relations

Ian T. Weldon, Head of Treasury

Wales & West Utilities Limited

Wales & West House

Spooner Close

Celtic Springs

Coedkernew

Newport NP10 8FZ

   Email:   ian.weldon@wwutilities.co.uk

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(END) Dow Jones Newswires

October 09, 2023 07:15 ET (11:15 GMT)

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