Affinity Water Finance (2004) Plc AFFINITY WATER ANNOUNCES CHANGES TO BOARD (7342Z)
January 16 2024 - 3:30AM
UK Regulatory
TIDM72YE
RNS Number : 7342Z
Affinity Water Finance (2004) Plc
16 January 2024
Affinity Water Finance (2004) PLC
(the "Company")
GBP250m of 5.875% Sterling Denominated Guaranteed Notes Due
2026
issued by the Company and guaranteed by Affinity Water Limited
("Affinity Water")
AFFINITY WATER ANNOUNCES CHANGE TO ITS BOARD OF DIRECTORS
16 January 2024
Affinity Water Limited announces that Ian Tyler, the Chair of
Affinity Water, has given notice of his intention to step down from
his role during 2024 at a time to be agreed once his successor has
been appointed.
Chairman of Affinity Water, Ian Tyler said:
"Affinity Water now has a strong Chief Executive, a highly
capable and cohesive management team and an effective and engaged
Board. Having now submitted what I believe is a robust and
well-articulated plan for the next 5 years, I will guide the
business up to the PR24 Final Determination after which it will be
an appropriate time for me to step down from Affinity Water and
hand over leadership of the Board to someone who can guide the
business for AMP8 and provide the necessary support and challenge
to Keith and his team as they continue to transform the business
into one of the highest performing in the industry."
CEO of Affinity Water Keith Haslett said:
"It is my great pleasure on behalf of the company to thank Ian
for his strong leadership and unwavering support over the last
three years and during the AMP8 Business Plan process. What Ian has
accomplished in AMP7 for Affinity Water through his generous
service has set the stage for a successful transition to AMP8."
ENDS
For further information, please visit our website or
contact:
Company.secretary@affinitywater.co.uk
Affinity Water Limited
Tamblin Way
Hatfield
Hertfordshire
AL10 9EZ
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END
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