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23.03.2017 09:18
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YORKSHIRE WATER SERVICES BRADFORD FINANCE LIMITED - Offer for shares in the Companies' holding company
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PR Newswire
London, March 22
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.
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A further announcement will be made in due course.
For further information, please contact Adrian Hunt by email at: Adrian.hunt@yorkshirewater.co.uk.
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.
Your right to access this service is conditional upon complying with the above requirement.
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