Anglian Water Services FinancingPlc Notice of Approval of Written Resolution (9106F)

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RNS Number : 9106F

Anglian Water Services FinancingPlc

09 November 2022

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014, AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019 (SI 2019/310) ("MAR"), AS IT FORMS PART OF UK DOMESTIC LAW ("UK MAR") BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, ENCOMPASSING INFORMATION RELATING TO THE WRITTEN RESOLUTION DESCRIBED BELOW.

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF BONDHOLDERS. IF BONDHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN FINANCIAL AND LEGAL ADVICE IMMEDIATELY, INCLUDING IN RESPECT OF ANY TAX CONSEQUENCES, FROM THEIR INDEPENDENT LEGAL, REGULATORY, TAX, BUSINESS, INVESTMENT, ACCOUNTING AND/OR FINANCIAL ADVISERS OR OTHER ADVISER AUTHORISED UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000, AS AMENDED (IF IN THE UNITED KINGDOM) OR FROM ANOTHER APPROPRIATELY AUTHORISED INDEPENDENT FINANCIAL ADVISER AND SUCH OTHER PROFESSIONAL ADVICE FROM ITS OWN PROFESSIONAL ADVISERS AS IT DEEMS NECESSARY.

9 November 2022

ANGLIAN WATER SERVICES FINANCING PLC

(incorporated with limited liability under the laws of England and Wales under registered number 04330322)

(Legal Entity Identifier: 213800DL377MH46PDY63 )

(the "Issuer")

Notice of Approval of Written Resolution

of the holders of the

GBP402,000,000 Indexation Class A Unwrapped Bonds due 2035 (ISIN: XS0217679991) (the "Bonds")

under the EUR10,000,000,000 Global Secured Medium Term Note Programme

of the Issuer presently outstanding.

On 9 November 2022, the Issuer circulated a written resolution (the "Written Resolution") to holders of the Bonds (the "Bondholders") to assent to: (a) the modification of the Pricing Supplement applicable to the Bonds dated 18 April 2005 in the form set out in Schedule 2 of the Written Resolution (the "Amendments"); and, among other things, (b) assent to and authorise, direct, request and empower (i) the Issuer and the Guarantors to execute the Amended and Restated Pricing Supplement, (ii) the Bond Trustee and the Security Trustee to sign the Permitted Non-Core Document Amendment Certificate (together with the Amended and Restated Pricing Supplement, the "Amendment Documentation") to effect the Amendments, (iii) the Issuer, the Guarantors and the Bond Trustee to execute and do all things as may be necessary, desirable or expedient (in its sole opinion) to carry out and to give effect to the Written Resolution and implementation of the Amendments, and (iv) the Issuer and the Guarantors to authorise, direct, instruct, request and empower the Agent to execute the relevant Amendment Documentation and do all things as may be necessary, desirable or expedient to give effect to the Written Resolution and the implementation of the Amendments.

A conformed copy of the Written Resolution has been submitted to the National Storage Mechanism and will be available for inspection at:

http://www.rns-pdf.londonstockexchange.com/rns/9106F_1-2022-11-9.pdf

Capitalised terms used but not defined in this notice of approval of written resolution shall have the meanings given to them in the Written Resolution.

Approval of the Written Resolution

Notice is hereby given to Bondholders that the Written Resolution was duly passed. Therefore, the Amendment Documentation has been executed by the parties thereto and the Amendments become effective as of 9 November 2022.

Further, notice is hereby given to Bondholders that on 21 November 2022, in respect of each Bond, the Issuer will pay the relevant Interim Additional Amount (as defined in the Amendment Documentation). The Interim Additional Amount will not reduce the nominal amount of the Bonds upon payment thereof but will be used in the determination of the Final Redemption Amount, the Early Redemption Amount or the Optional Redemption Amount, as the case may be, as set out in the Amended and Restated Pricing Supplement.

DISCLAIMER This announcement must be read in conjunction with the Written Resolution. This announcement and the Written Resolution contain important information which should be read carefully. If any Bondholder is in any doubt about any aspect of these proposals and/or the action it should take, it is recommended to seek its own independent legal, regulatory, tax, business, investment, accounting and/or financial advisers or other adviser authorised under the Financial Services and Markets Act 2000, as amended (if in the United Kingdom) or from another appropriately authorised independent financial adviser and such other professional advice from its own professional advisers as it deems necessary.

General

The release, publication or distribution of this announcement and the Written Resolution in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.

Nothing in this announcement or the Written Resolution constitutes or forms part of an offer to sell or the solicitation of an offer to buy or subscribe to any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Neither this announcement nor the Written Resolution is an offer of securities for sale into the United States. Neither the Issuer nor the Bond Trustee will incur any liability for its own failure or the failure of any other person or persons to comply with the provisions of any such restrictions.

Each Bondholder is solely responsible for making its own independent appraisal of all matters as such Bondholder deems appropriate (including those relating to the Written Resolution).

For further information, please contact:

Anglian Water Services Financing Plc

Jane Pilcher

Group Treasurer

Lancaster House, Lancaster Way

Ermine Business Park

Huntingdon, Cambridgeshire

PE29 6XU

Tel: [phone]

Fax: [phone]

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November 10, 2022 02:00 ET (07:00 GMT)