NatWest Markets Plc - Stabilisation Notice

LONDON--()--Regulatory News:

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Wales & West Utilities Finance PLC

Post-Stabilisation Notice

NatWest Markets Plc (contact: Philippe Bradshaw, TEL: +44-20-7085-5213) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)), was undertaken by the Stabilising Manager(s) named below in relation to the offer of the following securities.

Issuer:   Wales & West Utilities Finance PLC
Guarantor (if any): Wales & West Utilities Limited

Wales & West Utilities Holdings Limited

Aggregate nominal amount: GBP 300m
Description: Class A 20y Senior, Secured Fixed Rate Bond

Stabilising Manager(s)

Barclays Bank PLC (co-ordinating stabilisation manager)

BNP Paribas

NatWest Markets Plc

Offer price: 99.591

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

Contacts

NatWest Markets Plc.
Philippe Bradshaw
TEL: +44-20-7085-5213

Contacts

NatWest Markets Plc.
Philippe Bradshaw
TEL: +44-20-7085-5213