SSEZY SSE PLC (PK)

By Olga Cotaga

LONDON--SSE PLC (SSE.LN) Friday said the U.K.'s decision to leave the European Union won't have an immediate effect on how the company serves its customers or makes investments.

But the energy company said the level of risk may increase if the vote to leave leads to a prolonged period of uncertainty.

"It isn't yet clear how this matter will now progress, but SSE believes that the U.K. government should be mindful of the importance that the harmonization of the Great Britain energy market with the countries in Europe can have on efforts to deliver clean, secure and affordable energy," the company said.

The government previously said that in the event of a vote to leave, an agreement on the continued involvement of the U.K. in the internal energy market would need to be resolved in the context of managing the transition, fixing the terms of an exit and a future arrangement, SSE said.

Shares at 0740 GMT down 99 pence, or 6.4%, at 1451 pence, valuing the company at 14.62 billion pounds ($21.36 billion).

Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

(END) Dow Jones Newswires

June 24, 2016 04:10 ET (08:10 GMT)

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