11th Mar 2005 10:30
Northumbrian Water Group PLC11 March 2005 Northumbrian Water Limited (the "Company") - Offer (the "Offer") to repurchasefor cash any and all outstanding 4 per cent. Perpetual Debenture Stock, 5 percent. Perpetual Debenture Stock and 3.5 per cent. Perpetual Debenture Stock (the"4 per cent. Debenture Stock", the "5 per cent. Debenture Stock" and the "3.5per cent. Debenture Stock" and together the "Debenture Stock") of the Company The Company announces its proposed Offer to repurchase any and all of theDebenture Stock of each class for cash consideration of, in each case, £1 inrespect of each £1 in nominal amount of the relevant class of the DebentureStock, plus accrued interest to, but excluding, the date of payment. The termsand conditions of the Offer are set out in circular letters in relation to eachclass of the Debenture Stock to be dated 14th March 2005 and prepared by theCompany in connection with the Offer (each a "Circular" and together the "Circulars"). On 14th March 2005, the Circulars (each with an acceptance form attached and astock transfer form included) will be dispatched to persons registered asholders of the relevant class of the Debenture Stock and having a registeredaddress in the United Kingdom. A notice of the Offer addressed to holders of the Debenture Stock of the Companywho have no registered address in the United Kingdom and who have not providedto the Company an address in the United Kingdom for the service of notice onthem, or whose interest in any class of the Debenture Stock is not correctlyregistered in the Company's register in relation to the relevant class of theDebenture Stock, will be published in the Financial Times on 14th March 2005.The Circulars (each with an acceptance form attached and stock transfer formincluded) may be inspected or (subject as provided below) obtained on personalapplication by or on behalf of holders of the Debenture Stock at the Company'sregistrar, Computershare Investor Services PLC, PO Box 859, The Pavilions,Bridgwater Road, Bristol BS99 1XZ on any weekday (Saturdays and public holidaysexcepted) from 14th March 2005 until 13th April 2005. Additional AcceptanceForms and Stock Transfer Forms can be obtained by telephoning the Registrar on0870 702 0100. Enquiries should be addressed for the attention of David Martin, Group TreasuryManager of the Company, at the registered office address set out below. Northumbrian Water Limited (Incorporated and registered in England and Wales with registered number 2366703) Registered Office: Northumbria House, Abbey Road, Pity Me, Durham DH1 5FJ Dated: 11th March 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Natwest