Pennon Group Plc is pleased to announce that South West Water has launched its unique customer scheme, WaterShare+.
The WaterShare+ Scheme has been developed in direct response to feedback from customers who said they would like to share in our successes alongside giving them a greater say in our business.
Further details of the WaterShare+ scheme can be found by visiting:
https://www.southwestwater.co.uk/watershareplus.
WaterShare+ 2022
The second WaterShare+ scheme was launched in November 2022 and returned c.£20m to customers of South West Water (including Bournemouth Water) and, for the first-time, customers of Bristol Water. Eligible customers received £13 as a reduction on their bill. As an alternative, household customers were also able to apply for a share in the Pennon Group.
The WaterShare+ Scheme was approved by shareholders at Pennon’s AGM on 21 July 2022.
WaterShare+ 2020
The WaterShare+ Scheme was approved by shareholders at Pennon’s AGM on 31 July 2020 and returned £20m to customers as a reduction of £20 on their bill. Eligible household customers also had the option of choosing a minimum of £20 in Pennon shares.
A Prospectus was produced in connection with the WaterShare+ Scheme Offer which was approved by the Financial Conduct Authority and is available to view using the link below.
A copy of the Prospectus was submitted to the National Storage Mechanism and is available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Additional documentation, as referenced in the prospectus is available to view using the links below:
2020 Financial Statements and Other Documents Incorporated by Reference
Additional Documents Available for Inspection
Managing your shareholding online
Link Asset Services allows you to manage your shares easily and securely online. You'll need your Investor Code (IVC), to register at www.signalshares.com where you can:
- view your holding and dividend payments, and get an indicative valuation
- update your personal details, including address and contact information
- cast your vote online, in advance of any Pennon general meeting
- register your intention to attend the Annual General Meeting (AGM)
- access a wide range of shareholder information including the ability to download important documents and forms.
If you have any questions, please call Link Asset Services on 0371 664 9272. Calls are charged at the standard geographic rate and will vary by provider. Calls from outside the United Kingdom will be charged at the applicable international rate. Lines are open between 9.00am - 5.30pm, Monday to Friday excluding public holidays in England and Wales.