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Affinity Water (19LP)

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Monday 15 January, 2018

Affinity Water

Directorate Change

RNS Number : 8057B
Affinity Water Programme Finance Ld
15 January 2018
 

Affinity Water Programme Finance Limited (the "Company") 

 

£14.2 million of 3.625% Sterling Denominated Fixed Rate Bonds due 2022

£60 million of 2.699% Sterling Denominated Fixed Rate Bonds due 2033

£10 million of 1.024% Sterling Denominated Retail Price Index-Linked Bonds due 2033

£250 million of 4.5% Sterling Denominated Fixed Rate Bonds due 2036

£85 million of 3.278% Sterling Denominated Fixed Rate Bonds due 2042

£60 million of 0.23% Sterling Denominated Consumer Price Index-Linked Bonds due 2042

£190 million of 1.548% Sterling Denominated Retail Price Index-Linked Bonds due 2045

 

issued by the Company and guaranteed by Affinity Water Limited

 

 

15 January 2018

 

Affinity Water appoints new Chairman

 

Affinity Water Limited ("Affinity Water") is delighted to announce the appointment of Tony Cocker, the former Chief Executive and Chairman of E.ON UK plc, as independent Chairman. Mr Cocker joins the Affinity Water Board on 15 January 2018 and will take over as Chairman on 30 January 2018.

 

Having worked for E.ON for over 20 years, Mr Cocker has a strong understanding of the utility sector and is currently chair of the renewable energy generator company, Infinis Energy Management Limited. He is also Governor and Deputy Chairman of Warwick Independent Schools Foundation.

 

Mr Cocker succeeds Dr Philip Nolan, who has served as Chairman since April 2013 and, during this time, has led the Board's oversight of the development and implementation of Affinity Water's PR14 Business Plan.

 

Mr Cocker commented: "On behalf of the Board, I would like to thank Phil Nolan for his leadership and service to Affinity Water over his time as Chairman. I am very much looking forward to working with the Affinity Water Board, its investors and the management team to build on the achievements of the last few years and to continue to deliver resilient and affordable water supplies to 3.6 million people across the South East of England."

 

Any queries should be directed to Tim Monod by email on [email protected]

 

Tim Monod, Company Secretary

Affinity Water Finance (2004) PLC

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

Phone: +44 1707277196

 

 

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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.

 

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This information is provided by RNS
The company news service from the London Stock Exchange
 
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