ResolutionsPassed at AGM etc
THAMES WATER PLC
29 July 1999
Thames Water Plc AGM and B Share Repurchase
Thames Water Plc confirms that all Resolutions as set out in the Notice of
Meeting were approved by shareholders at the Annual General Meeting held on 27
July 1999.
Following the approval of Resolution 12, Thames Water has announced today that
it will be offering holders of Thames Water B Shares another opportunity to
sell their shares free from all dealing commissions and stamp duties. The
repurchase offer will take place on 7 September 1999. Repurchases will be made
at the lower of (a) 79p and (b)105 per cent of the average middle market
quotations for the B Shares as derived from the London Stock Exchange Daily
Official List, for the five business days preceding the purchase (exclusive of
expenses), being the maximum price at which the Company is permitted to make
repurchases.
Shareholders who wish to take up the offer are requested to fill in the
repurchase offer form on the reverse of their B Share certificate, or (in the
case of shares held within CREST) effect the appropriate CREST repurchase
instruction, and return it to the Company's registrars, Computershare Services
PLC, at P O Box 452, 8 Bankhead Crossway North, Edinburgh EH11 4TQ. Completed
repurchase forms (or the appropriate CREST repurchase instruction)should be
sent so as to be received no later than 3.00pm on 3 September 1999 for
repurchases on 7 September 1999.CREST accounts will be credited and/or cheques
in respect of sale proceeds will be remitted to shareholders within 14 days of
the repurchase date.
Enquiries to:
Thames Water Plc 0345 414140
Computershare Services PLC 0131 523 6092
Latest directors dealings
- 4 hours ago Johnson Matthey
- 5 hours ago Galliford Try
- 5 hours ago Galliford Try
- 5 hours ago Centrica
- 6 hours ago Smith & Nephew