Group Press Releases

2007 Archive


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26/11/2007
Interim Results Announcement for the six months ended 30 September 2007


“A strong start to the year where efficiency and service gains were made despite testing flood related operational conditions.”



26/11/2007
Recommended proposals for the acquisition of Kelda Group plc by Saltaire Water Limited


The boards of directors of Saltaire Water and Kelda are pleased to announce that they have reached agreement on the terms of the recommended Proposals (comprising the Ordinary Scheme Proposals and the B Scheme Proposals) by which all of the issued and to be issued share capital of Kelda will be acquired by Saltaire Water.



22/11/2007
Statement regarding share price movement

The Board of Kelda Group plc ("Kelda") notes the movement in its share price and confirms that it has received an approach from a consortium...





02/08/2007
Results of Annual General Meeting 2007

Summary of the Annual General Meeting held on 1 August 2007 at the Marriott Hotel, Leeds, West Yorkshire.





01/08/2007
Interim Management Statement to 31 July 2007


Kelda Group plc today issues the following interim management statement which covers the period from 1 April 2007 to 31 July 2007.



07/06/2007
Preliminary Announcement of audited results for the year ended 31 March 2007


Commenting on the results, the Chairman John Napier, said: "A strong second year result with a good all-round performance in all areas of efficiency, service, regulatory compliance and out-performance which we are confident that we can sustain."



05/06/2007
Result of Extraordinary General Meeting


On Friday, June 1, 2007, Kelda Group plc held an Extraordinary General Meeting ('EGM') in relation to the proposed return of approximately £750 million of cash to shareholders.



09/05/2007
Return of cash - circular posted to shareholders


Kelda Group plc announces that it is posting a circular to its shareholders and convening an Extraordinary General Meeting, to be held on 1 June 2007, to obtain shareholder approval for the proposed return of approximately £750 million of cash to shareholders.

View the Proposed Return of Cash to Shareholders FAQs



20/04/2007
Regulatory clearances obtained in New York for Aquarion sale


In relation to the conditional agreements for the sale of Aquarion as described in the announcement of 9 February 2007, approval from the regulatory authorities in New York has been obtained. This enables completion of the transactions with, respectively, a Macquarie led consortium, United Waterworks Inc., and Aqua America Inc.



09/02/2007
Update regarding Aquarion sale and return of capital to shareholders


On 26 February 2006, Kelda announced the sale of Aquarion, the US water supply business, to a Macquarie Bank led consortium ('Macquarie consortium') for an enterprise value of approximately $860m and an equity consideration of $625m, conditional upon certain regulatory clearances.



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