The board of directors of Pennon Group plc has announced a proposed capital raise of approximately GBP490 million to existing shareholders by way of a fully underwritten rights issue of 185,928,002 New Ordinary Shares at 264 pence per New Ordinary Share on the basis of 13 New Ordinary Shares for every 20 Existing Ordinary Shares.
Nil paid rights have been credited to client accounts.
Please advise the Corporate Actions Department by 12th February 2025 if you wish to partake in the rights issue either by letter, telephone or email as detailed below quoting ‘Pennnon Group’ in the subject box.
Corporate Action Administration
Direct Line – 0161-819-4850 | Email: caisa@pilling.co.uk