Affinity Water Finance PLC AFFINITY WATER ANNOUNCES CHANGES TO BOARD (7344Z)
16 January 2024 - 7:30PM
UK Regulatory
TIDM19LP
RNS Number : 7344Z
Affinity Water Finance PLC
16 January 2024
Affinity Water Finance PLC
(the "Company")
GBP10 million of 1.024% Sterling Denominated Retail Price
Index-Linked Bonds due 2033
GBP60 million of 2.699% Sterling Denominated Fixed Rate Bonds
due 2033
GBP250 million of 4.5% Sterling Denominated Fixed Rate Bonds due
2036
GBP85 million of 3.278% Sterling Denominated Fixed Rate Bonds
due 2042
GBP60 million of 0.23% Sterling Denominated Consumer Price
Index-Linked Bonds due 2042
GBP190 million of 1.548% Sterling Denominated Retail Price
Index-Linked Bonds due 2045
issued by the Company and guaranteed by Affinity Water Limited
("Affinity Water")
AFFINITY WATER ANNOUNCES CHANGE TO ITS BOARD OF DIRECTORS
16 January 2024
Affinity Water Limited announces that Ian Tyler, the Chair of
Affinity Water, has given notice of his intention to step down from
his role during 2024 at a time to be agreed once his successor has
been appointed.
Chairman of Affinity Water, Ian Tyler said:
"Affinity Water now has a strong Chief Executive, a highly
capable and cohesive management team and an effective and engaged
Board. Having now submitted what I believe is a robust and
well-articulated plan for the next 5 years, I will guide the
business up to the PR24 Final Determination after which it will be
an appropriate time for me to step down from Affinity Water and
hand over leadership of the Board to someone who can guide the
business for AMP8 and provide the necessary support and challenge
to Keith and his team as they continue to transform the business
into one of the highest performing in the industry."
CEO of Affinity Water Keith Haslett said:
"It is my great pleasure on behalf of the company to thank Ian
for his strong leadership and unwavering support over the last
three years and throughout the AMP8 Business Plan process. What Ian
has accomplished in AMP7 for Affinity Water through his generous
service has set the stage for a successful transition to AMP8."
ENDS
For further information, please visit our website or
contact:
Company.secretary@affinitywater.co.uk
Affinity Water Limited
Tamblin Way
Hatfield
Hertfordshire
AL10 9EZ
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END
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