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TWUL - STID Proposal Results

10th Feb 2025 11:37

RNS Number : 5492W
Thames Water Utilities Limited
10 February 2025
 

Thames Water Utilities Limited

10 February 2025

Thames Water Utilities Limited announcesresults of STID Proposal

Thames Water Utilities Limited ("TWUL") previously announced the launch of its STID proposal dated 24 January 2025 (the "STID Proposal"). This announcement can be found here:

https://www.londonstockexchange.com/news-article/AW14/liquidity-extension-update/16869444

TWUL announces today that its STID Proposal has been approved. Terms used in this announcement but not otherwise defined have the meaning given to them in the STID Proposal.

TWUL announces that the Security Trustee has received the required votes in favour of the Consent and Waiver (as described in the STID Proposal) from the Majority Creditors and accordingly, the Consent and Waiver under the STID Proposal has been approved.

The STID Proposal shall apply from the date on which the Security Trustee executes the Consent and Waiver Letter.

For further information

Media enquiries

Alex SimmonsEdelman Smithfield [email protected] Suvra Jans - Head of Media Relations [email protected] M: 07747 640 810

Legal Entity Identifier Numbers:

Thames Water Utilities Limited: 213800JKM5UQHFJOTZ25

Thames Water Utilities Finance plc: 213800SKZTSE2L1BII69

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