ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

51HO Sth.e.wtr.3h%db

0.00
0.00 (0.00%)
Name Symbol Market Type
Sth.e.wtr.3h%db LSE:51HO London Debenture
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Mid South. Water - Re Water Srvcs Restructuring

09/11/1998 12:00pm

UK Regulatory


RNS No 3923r
MID SOUTHERN WATER PLC
9th November 1998 

MID SOUTHERN WATER PLC
SAUR WATER SERVICES RESTRUCTURING

The  following  letter has been sent today to the registered  holders  of  the
following debenture stocks in issue by Mid Southern Water plc:

31/2% perpetual stock
4% perpetual stock
5% perpetual stock
51/2% perpetual stock
6% perpetual stock

Enquiries:

Mid Southern Water plc     Willi Robertson     01323 411 411
European Capital Co. Ltd   Maurice Hochschild  0171 600 3138

TEXT OF LETTER

Dear Sir

SAUR Water Services Group Restructuring

The Board of SAUR Water Services plc ("SWS") announced today its intention  to
restructure its subsidiary companies.

SWS currently has five water operating company subsidiaries, namely Eastbourne
Water  plc, Mid Southern Water plc, South East Water Limited, Mid-Sussex Water
plc  and  West Kent Water plc.  The restructuring aims to transfer the  assets
and  liabilities of Eastbourne Water plc, Mid Southern Water plc,  South  East
Water  Limited  and  West  Kent Water plc into  Mid-Sussex  Water  plc.   This
transfer  will  be  carried out in accordance with Schedule  2  of  the  Water
Industry Act 1991 ("WIA").

As part of this restructuring, the listed debenture stocks of Eastbourne Water
plc, Mid Southern Water plc and West Kent Water plc will be transferred to Mid-
Sussex  Water plc.  Mid-Sussex Water plc already has its own debenture  stocks
in issue which are listed on the Stock Exchange.

Application, in accordance with the Stock Exchange Listing Rules, will be made
by  Mid-Sussex Water plc for the transferred debenture stocks to be listed  on
the  Stock Exchange.  This will necessitate Listing Particulars which will  be
sent to you in due course.

FROM:
Dick Barnhoorn
Chairman
SAUR Water Services plc

END




MSCAILLALSLAIAT


1 Year Sth.e.wtr.3h%db Chart

1 Year Sth.e.wtr.3h%db Chart

1 Month Sth.e.wtr.3h%db Chart

1 Month Sth.e.wtr.3h%db Chart