REG - Aff WaterFin2004 Plc - Directorate Change

Severn TrentAnnouncement

28/08/2024 08:15

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RNS Number : 8632B  Affinity Water Finance (2004) Plc  28 August 2024

 

 

Affinity Water Finance (2004) PLC

(the "Company")

 

£250m of 5.875% Sterling Denominated Guaranteed Notes Due 2026

issued by the Company and guaranteed by Affinity Water Limited ("Affinity
Water")

 

AFFINITY WATER - APPOINTMENT OF CHIEF FINANCIAL OFFICER

28 August 2024

Affinity Water Limited ("Affinity Water") announces that Adam Stephens has
been appointed as Chief Financial Officer (CFO) and is expected to join the
business in January 2025.  Adam will join the Affinity Water Board as an
Executive Director with effect from the same date.

 

Adam is currently Executive Director and Chief Financial Officer at Hafren
Dyfrdwy (a subsidiary of Severn Trent) and has a wealth of experience in
corporate finance and business strategy as well as extensive water-industry
knowledge.

 

Commenting on the appointment, CEO Keith Haslett said:

 

"I am delighted that Adam will be joining Affinity Water as our CFO and
executive director to the Board.  He will be joining us at an exciting time
for the business as we make our final preparations to enter AMP8 and on behalf
of the Board, and all of my colleagues, I look forward to welcoming Adam in
January."

 

Adam Stephens said:

 

"I am thrilled to be joining the team at Affinity Water and being a part of
the journey as the company transitions into the AMP8 regulatory period.  I
look forward to meeting all of my new colleagues in January."

 

 

ENDS

 

 

For further information, please visit our website or contact:

Company.secretary@affinitywater.co.uk

Please direct any media queries to the publicaffairs@affinitywater.co.uk

 

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

 

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