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UU. United Utilities Group Plc

1,034.00
15.50 (1.52%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
United Utilities Group Plc LSE:UU. London Ordinary Share GB00B39J2M42 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  15.50 1.52% 1,034.00 1,031.50 1,032.50 1,034.50 1,016.50 1,020.00 4,518,802 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Combination Utilities, Nec 1.83B 204.9M 0.3005 34.34 7.04B

United Utilities Group PLC Draft Determination for United Utilities (8953V)

11/04/2019 9:29am

UK Regulatory


United Utilities (LSE:UU.)
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From Apr 2019 to Apr 2024

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TIDMUU.

RNS Number : 8953V

United Utilities Group PLC

11 April 2019

United Utilities Group PLC

11 April 2019

DRAFT DETERMINATION FOR UNITED UTILITIES

In line with the price review timetable, Ofwat has today published the draft determination for United Utilities Water (UUW) covering the period 2020-25.

The draft determination sets out Ofwat's initial determination of the required costs and service targets for UUW in the next regulatory period. UUW is reviewing the draft determination and will respond to Ofwat by the due date of 24 May 2019.

In Ofwat's initial assessment of company business plans, we were pleased to have achieved fast-track status and to have received the highest grades overall for the sector. Ofwat commended our plan in many areas including customer engagement, affordability and vulnerability, resilience, innovation and confidence and assurance.

We look forward to working constructively with Ofwat through to publication of the final determination on 11 December 2019.

For further information, please contact:

 
 
 Gaynor Kenyon - Corporate Affairs Director    +44 (0) 7753 622 282 
 Robert Lee - Head of Investor Relations       +44 (0) 7500 087 704 
 Graeme Wilson - Tulchan Communications        +44 (0) 2073 534 200 
 

LEI 2138002IEYQAOC88ZJ59

Classification - PR19 Draft Determination published

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCIBMPTMBTBMIL

(END) Dow Jones Newswires

April 11, 2019 04:29 ET (08:29 GMT)

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