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York Wt Brad Fin Ld (55GR)

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Thursday 23 March, 2017

York Wt Brad Fin Ld

Offer for shares in the Companies' holding company

Company: Yorkshire Water Services Bradford Finance Limited / Yorkshire Water Services Odsal Finance Limited / Yorkshire Water Services Finance Limited / Kelda Finance No.3 PLC
 

Headline: Offer for shares in the Companies’ holding company

23 March 2017

Yorkshire Water Services Bradford Finance Limited
Yorkshire Water Services Odsal Finance Limited
Yorkshire Water Services Finance Limited
Kelda Finance No.3 PLC
together, the “Companies”

Offer for shares in the Companies’ holding company

The Companies have been informed that one of their ultimate shareholders, Wharfedale Acquisitions I LLP ("Wharfedale"), has made an offer to sell the entirety of its shareholding in the Companies’ indirect holding company, Kelda Holdings Limited ("Holdings"), which shares represent 10 per cent. of the issued share capital of Holdings, to the other shareholders of Holdings in accordance with the terms of the shareholders agreement in relation to Holdings.

The Companies continue to operate in the ordinary course of business and there is no expectation that the sale of Wharfedale's interest in Holdings (if completed) will result in any changes at an operational level at Yorkshire Water.

A further announcement will be made in due course.

For further information, please contact Adrian Hunt by email at: [email protected]

Yorkshire Water
Western House
Halifax Road
Bradford
BD6 2SZ

Fax: +44 (0)12 7460 5331
Attention: Adrian Hunt

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.

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