Operating ethically Operating ethically.Why our work matters Why our work matters.Registered office: Central Square, 10th Floor, 29 Wellington Street, Leeds LS1 4DL. The Nominee Service is provided by Link Group which is a trading name of Link Market Services Trustees Limited which is authorised and regulated by the Financial Conduct Authority.
This advertisement does not constitute an offer or recommendation concerning the Pennon shares.
You can read the customer guide by clicking here. Barclays is acting exclusively for Pennon and for no-one else in relation to or in connection with the Offer and will not be responsible to anyone other than Pennon for the protection offered to clients of Barclays and is not providing, and will not provide, advice in relation to the Offer or any related matter.Ĭustomers should not elect to acquire the Pennon shares in the Offer except on the basis of the information contained in the customer guide published by Pennon. Barclays, whose registered address is at 1 Churchill Place, London E14 5HP, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The references to and details of the Offer, which have been prepared by and are the sole responsibility of Pennon, have been approved solely for the purposes of section 21 of the Financial Services and Markets Act 2020, as amended by Barclays Bank PLC (“Barclays”) on 11 November 2022. References to and details of the customer share offer (the “Offer”) in Pennon Group Plc (“Pennon”) on this website are an advertisement and not a prospectus for the purposes of the EU Prospectus Regulations. Can I sell a Pennon share received under WaterShare+? If you are in any doubt as to what action to take, please contact an authorised financial advisor. Please note that the value of shares and any income derived from them can either decrease or increase, and you may not get back your original investment. Please note, nothing in this information should be taken as a recommendation to take any particular action. This service was only available to individual household customers, where the individual is at least 18 years old and a resident in the United Kingdom, is a UK tax resident only, is not a tax resident in any other jurisdiction and is not a US citizen. See the Customer Guide for further details. Customers will receive dividends and hold voting rights in Pennon Group PLC on the Pennon share they acquire and be sent quarterly statements on how that share is are performing.įor the Pennon shares option, please be aware that terms, conditions, and risks applied. The shares were aquired by Link Market Services Trustees Limited, part of Link Group, Pennon’s share registrar, who hold the shares on behalf of participating customers. This decision was at Pennon's discretion. Alternatively, Pennon may decide not to offer the opportunity to acquire a Pennon share, in which event you will have received a bill reduction of £13. If the Pennon share price was more than £13 at the relevant time, Pennon may have topped up the amount you were eligible to receive so that you still received a share. The number of shares was rounded down to the nearest whole number, which means you may also have received a credit on your water bill to make up for the difference in share price and the amount you were eligible to receive. If you chose the share option, your £13 was used to purchase a Pennon share listed on the London Stock Exchange.
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