25th Jun 2007 14:00
FOR IMMEDIATE RELEASE UU TO DELIST FROM NEW YORK STOCK EXCHANGE
Warrington - [June 25, 2007] - United Utilities PLC announces today that it has filed with the U.S. Securities and Exchange Commission the requisite form to terminate its registration under the U.S. Securities Exchange Act of 1934. UU had previously filed to withdraw its American depositary shares (CUSIP: US913111Q1058)(the "ADSs") and its ordinary shares (the "Shares") from listing on the New York Stock Exchange ("NYSE") and registration under Section 12(b) of the Exchange Act.
The Company is chosing to delist its ADSs and Shares and deregister due to the low number of outstanding ADSs, the fact that the ADSs are not widely held in the United States and the low trading volume in its ADSs. Due to the foregoing, the Company also believes that the administrative costs of maintaining the listing and costs of complying with U.S. federal securities laws are no longer justified. Subsequent to such delisting and deregistration, the Shares will continue to be listed on the London Stock Exchange. The ADSs will not be so listed but will be eligible for trading over-the-counter.
For further information, please contact:
Paul Davies, Acting Company Secretary, tel. + 44 (0) 1925 237071
Darren Jameson, Investor Relations Manager, tel. + 44 (0) 1925 237033
UNITED UTILITIES PLCRelated Shares:
United Utilities