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UU. United Utilities Group Plc

1,086.00
-1.00 (-0.09%)
08 May 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
  -1.00 -0.09% 1,086.00 1,088.00 1,089.00 1,095.50 1,084.50 1,091.00 1,055,511 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Combination Utilities, Nec 1.83B 204.9M 0.3005 36.22 7.42B

United Utilities Group PLC United Utilities Achieves Fast Track Status (6504O)

31/01/2019 7:45am

UK Regulatory


United Utilities (LSE:UU.)
Historical Stock Chart


From May 2019 to May 2024

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TIDMUU.

RNS Number : 6504O

United Utilities Group PLC

31 January 2019

United Utilities Group PLC

31 January 2019

UNITED UTILITIES ACHIEVES FAST TRACK STATUS

Ofwat has today published its initial assessment of company business plans for the 2020-25 period and we are pleased that our plan, which offers improved service and lower bills for customers, has been awarded fast track status.

We look forward to working constructively with Ofwat through to publication of the draft determination which, in line with the price review timetable for fast track companies, we expect to be published by Ofwat in early April 2019.

Ofwat has also published today the results of its annual company monitoring framework assessment which measures the quality and transparency of company reporting and the level of trust and confidence that customers and other stakeholders can place in it. We are pleased that United Utilities Water has retained "self assurance" status in this assessment. This is the highest categorisation available and one which we have now held for three consecutive years.

We will be hosting a webcast presentation starting at 10.30am on Wednesday 6 February 2019 to provide further detail on Ofwat's assessment of our business plan. The webcast can be accessed via the following link:

https://www.investis-live.com/united-utilities/5c4709b0cad1ac0c00b979de/mnas

The presentation can also be accessed via a live audio call facility by dialling:

UK toll: + 44 20 3936 2999

Access code: 856165

This announcement and the webcast presentation will be available at:

https://www.unitedutilities.com/corporate/investors/

The webcast will be available on demand from Thursday 7 February 2019 at the following link: https://www.investis-live.com/united-utilities/5c4709b0cad1ac0c00b979de/mnas

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 Business Plan Assessment

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

MSCSDLSWFFUSEEF

(END) Dow Jones Newswires

January 31, 2019 02:45 ET (07:45 GMT)

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