20th Jun 2007 15:59
Thus Group PLC20 June 2007 Placing of United Utilities' shareholding in THUS THUS Group plc ("THUS") notes that United Utilities PLC ("UU") has successfullyplaced its entire shareholding of 41,427,986 ordinary shares in THUS,representing approximately 22.63% of the issued share capital of the Company.These shares were received by UU as consideration for the sale by UU of YourCommunications to THUS in February 2006. THUS has enjoyed an excellent relationship with UU since the purchase of YourCommunications and recently signed a three-year, £13.6 million contract with UU,after a competitive tender process. Commenting on the placing, Bill Allan, CEO of THUS said: "We are delighted by today's announcement on the successful placing of UnitedUtilities shares. We are extremely pleased to welcome a number of newshareholders to our company and we look forward to continuing our successfulrelationship with United Utilities as a major customer of the Group." For further information: Jennifer Lawton, THUS Investor Relations Manager 0141 566 3176 Deborah Rodger, THUS Head of Product Communications & Programmes 0141 566 3167 Smithfield (Public relations adviser to THUS)Tania Wild or John Antcliffe 0207 360 4900 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
United Utilities