Anglian Water Ser Notice of Results Meetings

 
TIDM71GA 
 
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 CONSENT SOLICITATIONS AND THE 
PROPOSAL 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 BROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR 
OTHER INDEPENDENT FINANCIAL, TAX OR LEGAL ADVISER. 
 
14 September 2021 
 
ANGLIAN WATER SERVICES FINANCING PLC 
 
(incorporated with limited liability under the laws of England and Wales under 
registered number 4330322) 
(Legal Entity Identifier: 213800DL377MH46PDY63) 
 (the "Issuer") 
 
                         Notice of Results of Meetings 
 
                             of the holders of the 
 
  £200,000,000 4.50 per cent. Guaranteed Class B Unwrapped Bonds due February 
 2026 (ISIN: XS0890564544) (the "2026 Bonds") and £200,000,000 2.625 per cent. 
  Guaranteed Class B Unwrapped Bonds due June 2027 (ISIN: XS1577797456) (the 
      "2027 Bonds", and together with the 2026 Bonds, the "Bonds"), each 
 unconditionally and irrevocably guaranteed by Anglian Water Services Limited, 
Anglian Water Services Holdings Limited and Anglian Water Services UK Parent Co 
 Limited (together, the "Obligors" and each, an "Obligor") and issued pursuant 
   to the Issuer's ?10,000,000,000 Global Secured Medium Term Note Programme 
 
                     of the Issuer presently outstanding. 
 
On 16 August 2021, the Issuer announced invitations to holders of the Bonds 
(the "Bondholders") described in the table below to consent to, in respect of 
each Series of Bonds, the re-designation of each Series to class A bonds (the " 
Proposal") and to make changes to the Applicable Final Terms in order to effect 
the Proposal by approving an extraordinary resolution (each such resolution in 
respect of a Series, an "Extraordinary Resolution" and together, the " 
Extraordinary Resolutions"), all as further described in the Consent 
Solicitation Memorandum prepared by the Issuer dated 16 August 2021 (the " 
Consent Solicitation Memorandum" and each such invitation in respect of a 
Series, a "Consent Solicitation" and together, the "Consent Solicitations"). 
Meetings of the Bondholders of each Series of Bonds (the "Meetings") were held 
earlier today and the Issuer now announces the results of the Meetings. 
 
Capitalised terms used but not defined in this notice of results of meetings 
shall have the meanings given to them in the Consent Solicitation Memorandum. 
 
     Details of the Notes              ISIN            Principal amount     Outcome of 
                                                        outstanding(1)        Meeting 
 
  £200,000,000 4.50 per cent.      XS0890564544          £200,000,000        Proposal 
 Guaranteed Class B Unwrapped                                                 Passed 
    Bonds due February 2026 
unconditionally and irrevocably 
 guaranteed by the Obligors (" 
         2026 Bonds") 
 
 £200,000,000 2.625 per cent.      XS1577797456          £200,000,000        Proposal 
 Guaranteed Class B Unwrapped                                                 Passed 
      Bonds due June 2027 
unconditionally and irrevocably 
 guaranteed by the Obligors (" 
         2027 Bonds") 
 
 1. No Bonds of any Series are owned or controlled, directly or indirectly, by 
    the Issuer or any Obligor. 
 
Results of the Meetings 
 
Notice is hereby given to Bondholders that, at the Meetings, each of the 
Extraordinary Resolutions in respect of the 2026 Bonds and the 2027 Bonds were 
duly passed. Therefore, in respect of the Proposal for the 2026 Bonds and the 
2027 Bonds, the Amended Final Terms and Permitted Non-Core Document Amendment 
Certificate in respect of each Series will be executed and delivered by the 
Issuer and Obligors and such documents will become effective as of 14 September 
2021. Following the execution and delivery of the Amended Final Terms and 
Permitted Non-Core Document Amendment Certificate implementing the Proposal, 
the Consent Conditions will be satisfied. 
 
DISCLAIMER This announcement must be read in conjunction with the Consent 
Solicitation Memorandum. This announcement and the Consent Solicitation 
Memorandum contain important information which should be read carefully. If any 
Bondholder is in any doubt about any aspect of the proposal and/or the action 
it should take, it is recommended to seek its own financial, legal, regulatory 
or other advice, including as to any tax consequences, from its stockbroker, 
bank manager, solicitor, accountant, independent 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 Consent 
Solicitation Memorandum 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 Consent Solicitation Memorandum constitutes 
or form 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 Consent Solicitation Memorandum 
is an offer of securities for sale into the United States. None of the Issuers, 
the Bond Trustee, the Solicitation Agents or the Tabulation Agent 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 relevant Consent Solicitation(s), and the relevant Extraordinary 
Resolution(s)). The Tabulation Agent and the Solicitation Agents are the agents 
of the Issuer and owe no duty to any Bondholder, and do not accept any 
responsibility for the contents of this announcement. 
 
The Solicitation Agents 
 
Barclays Bank PLC 
5 The North Colonnade 
Canary Wharf 
London E14 4BB 
United Kingdom 
 
Telephone:            +44 20 3134 8515 
Attention:              Liability Management Group 
Email:                   eu.lm@barclays.com 
 
Lloyds Bank Corporate Markets plc 
 
10 Gresham Street 
London EC2V 7AE 
United Kingdom 
 
Telephone:            +44 20 7158 1726 / 1719 
Attention:              Liability Management Group 
Email:                    liability.management@lloydsbanking.com 
 
Tabulation Agent 
 
Lucid Issuer Services Limited 
 
The Shard 
 
32 London Bridge Street 
 
London SE1 9SG 
United Kingdom 
 
Telephone:            +44 20 7704 0880 
Attention:             Arlind Bytyqi / Jacek Kusion 
Email:                    anglianwater@lucid-is.com 
 
 
 
END
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