RNS Number : 5016K
Affinity Water Finance PLC
15 April 2024
 

Affinity Water Finance PLC

(the "Company")

£10 million of 1.024% Sterling Denominated Retail Price Index-Linked Bonds due 2033

£60 million of 2.699% Sterling Denominated Fixed Rate Bonds due 2033

£250 million of 4.5% Sterling Denominated Fixed Rate Bonds due 2036

£85 million of 3.278% Sterling Denominated Fixed Rate Bonds due 2042

£60 million of 0.23% Sterling Denominated Consumer Price Index-Linked Bonds due 2042

£190 million of 1.548% Sterling Denominated Retail Price Index-Linked Bonds due 2045

issued by the Company and guaranteed by Affinity Water Limited ("Affinity Water")

 

AFFINITY WATER ANNOUNCES CHANGE TO ITS BOARD OF DIRECTORS

15 April 2024

Resignation of Chief Financial Officer

Affinity Water Limited ("Affinity Water" or the "Company") announces today that Martin Roughead, has informed the Board of his decision to resign as Chief Financial Officer ("CFO") and Executive Director of the Company to pursue other interests. Martin will continue in both positions for six months to allow the Company to make a new appointment and to ensure a smooth transition for the business.

 

Ian Tyler, Chair of the Board, said: "On behalf of the Board, I would like to thank Martin for the contribution he has made to Affinity Water during his time as CFO. We wish him well for the future."

 

Commenting on the resignation, Keith Haslett, CEO said: "I would like to thank Martin for his commitment and support in progressing the business forward and laying the foundations for a successful transition into AMP8 with the submission of our five year business plan. The Company wishes him well as he pursues new interests." 

 

Martin Roughead said:

 

"I am stepping down to relocate nearer family. I will miss working with the Board, executives, colleagues, and stakeholders. However, I believe that I will leave the Company stronger and ready to transition to a successful AMP8 period."

 

 

ENDS

 

For further information, please visit our website or contact:

Company.secretary@affinitywater.co.uk

Please direct any media queries to the publicaffairs@affinitywater.co.uk 

 

 

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

 

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