TIDM72YE

RNS Number : 5554X

Affinity Water Finance (2004) Plc

19 December 2019

AFFINITY WATER FINANCE PLC

GBP14.2 million of 3.625 per cent. Sterling Denominated Fixed Rate Bonds due 2022

GBP60 million of 2.699 per cent. Sterling Denominated Fixed Rate Bonds due 2033

GBP10 million of 1.024 per cent. Sterling Denominated Retail Price Index Linked Bonds due 2033

GBP250 million of 4.5 per cent. Sterling Denominated Fixed Rate Bonds due 2036

GBP85 million of 3.278 per cent. Sterling Denominated Fixed Rate Bonds due 2042

GBP60 million of 0.23 per cent. Sterling Denominated Consumer Price Index Linked Bonds due 2042

GBP190 million of 1.548 per cent. Sterling Denominated Retail Price Index Linked Bonds due 2045

issued by Affinity Water Finance PLC and guaranteed by Affinity Water Limited, Affinity Water Holdings Limited and Affinity Water Finance (2004) PLC

AFFINITY WATER FINANCE (2004) PLC

GBP250 million of 5.875 per cent. Guaranteed Notes due 2026

issued by Affinity Water Finance (2004) PLC and guaranteed by Affinity Water Limited, Affinity Water Holdings Limited and Affinity Water Finance PLC

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

19 DECEMBER 2019

Affinity Water Limited ("Affinity Water") announces that Mark Horsley has joined the Board as an independent non-executive director. He has over 40 years' experience in the energy sector and since 2011 has been the CEO at Northern Gas Networks Limited.

Mark has held several senior appointments in the industry including Equity Partner and Head of Power Distribution at EC Harris, an international built asset consultancy, Strategy and Central Programmes Director at Scottish Power and President and Chief Operating Officer at CE Electric UK. Mark held the post of Chairman of the UK Energy Networks Association from 2004 to 2006, and was Chairman of the Energy Innovation Centre (EIC) from 2014 to 2017. He was appointed Non-Executive Director of the EIC in September 2017.

Chairman of Affinity Water, Tony Cocker said:

"I am very pleased that Mark Horsley has joined our Board to serve as an independent non-executive director. He has a strong track record in the regulated energy sector. His skills and experience are readily transferable to the water sector and will complement those of existing Board members and we are looking forward to working with him.

Mark Horsley said:

"I am delighted to join the Affinity Water Board. It is an exciting time for the water industry and I'm looking forward to being part of the Affinity Water Board as the company prepares to deliver on its commitments to customers, communities and the environment for the 2020 to 2025 regulatory period."

ENDS

For further information, please contact:

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

   Telephone:        +44 7814 304970 
   Email:               colin.caldwell@affinitywater.co.uk 
   Attention:          Colin Caldwell, Company Secretary

This notice is given by:

Affinity Water Limited

This announcement is released by Affinity Water Limited and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Substitution described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Tim Monod at Affinity Water Limited.

 
 ISINs: 
 XS0883690090 
 XS1722862080 
 XS1360548215 
 XS0883686650 
 XS1480879540 
 XS1722861439 
 XS0883688516 
 XS0195751523

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END

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December 19, 2019 11:52 ET (16:52 GMT)

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