Pennon Group Plc

Type: Company
Name: Pennon Group Plc
First reported 23 hours ago - Updated 13 hours ago - 2 reports

UK regulator proposes 5 percent cut in water bills by 2020

The watchdog said in a draft assessment of 14 out of 18 water suppliers' pricing suggestions that they should reduce tariffs over the next five years by 5 percent in real terms.London-listed Severn Trent should reduce bills by 5.7 percent by the end of ... [Published NewsRT.co.uk - 21 hours ago]
First reported 22 hours ago - Updated 20 hours ago - 1 reports

Water bills to fall 5% thanks to Ofwat price review

Customers in England and Wales can expect their water bills to drop about 5% between 2015 and 2020 in real terms as part of Ofwat's price review.The news was announced on Friday as part of the draft determinations published by the water regulator in response ... [Published London South East - 22 hours ago]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

News in brief 19 August 2014

HeadlinesGLOBAL: Watercourses Convention officially enters into forceThe UN Watercourses Convention, the global framework for trans-boundary freshwater cooperation, has officially entered into force. This May, Vietnam became the 35th country to ratify ... [Published IWA Publishing - Aug 27 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Pennon Group PLC : Treasury Stock

PENNON GROUP PLCTRANSFER OF SHARES OUT OF TREASURY (LR12.6.4)Pursuant to LR12.6.4 Pennon Group announces the following transfers of treasury shares for the purposes of the Company'sDate of transferNumber of ordinary shares of nominal value 40.7p tran ... [Published Investegate - Aug 27 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

FTSE 250 movers: Lonmin continues to rise

Natasha RobertsSouth African platinum miner Lonmin led the upside as it extended Tuesday's gains, which came after it issued a statement saying there was no foundation to media speculation about plans to restructure the business.It also said its ramp-up ... [Published BullBearings - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

KPMG and EY win major listed company audits

KPMG AND EY have won out as the latest batch of major listed company audit tenders has been decided.FTSE 250-listed Pennon Group, which provides water and sewerage services, has chosen EY to run its £1m audit. Another £1.3m in non-audit and advisory services ... [Published Accountancy Age - Aug 26 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Pennon confirms scrip reference price

Pennon Group has confirmed that the reference price for the scrip alternative for the final dividend for the year ended 31 March will be 786.6p.The reference price is calculated by taking the average of the middle market quotations for the company's ... [Published MoneyAM - Aug 22 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 2 reports

Pennon changes auditors

Pennon Group announced at its Annual General Meeting, held on 31 July 2014, that Ernst & Young LLP were appointed as statutory auditors of the Company until the next AGM.This was a new appointment following a competitive tender process carried out by ... [Published MoneyAM - Aug 22 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Pennon Group PLC : Treasury Stock

PENNON GROUP PLCTRANSFER OF SHARES OUT OF TREASURY (LR12.6.4)Pursuant to LR12.6.4 Pennon Group announces the following transfers of treasury shares for the purposes of the Company's employee sharesave scheme:Date of transferNumber of ordinary shares of ... [Published Investegate - Aug 20 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Pennon Group PLC : Cancellation of Listing of Convertible Bonds

PENNON GROUP PLCFOR IMMEDIATE RELEASECANCELLATION OF LISTING OF £125M 4.625% CONVERTIBLE BONDS DUE 2014Pennon Group Plc (the "Company") announces that, further to the receipt by the Company of bondholder conversion notices in respect of all its previously ... [Published Investegate - Aug 18 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Pennon Group PLC : Holding(s) in Company

PENNON GROUP PLCHOLDING IN COMPANYNOTIFICATION OF MAJOR INTERESTS IN SHARES1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:PENNON GROUP PLC / GB00B18V86302. Reason for the notificationDisposal ... [Published Investegate - Aug 15 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 6 reports

Pennon expects EfW boost for Viridor earnings

By Pennon Group, the parent company of UK waste management firm Viridor, has sought to reassure investors over the firm’s performance, as a decline in landfill revenues has continued to affect the business.In an interim management statement, published ... [Published Lets Recycle - Aug 13 2014]

Quotes

"Some will find this tough, but companies which really stretch themselves will reap the benefits of increased customer trust and confidence" said Ofwat Chief Executive Cathryn Ross in a statement
"Companies will be looking hard at where they need to submit new evidence and we will also continue to challenge hard to make sure our final decisions result in the best possible deal for customers."
...Simon Laffin stated that the length of KPMG's tenure was not a significant factor of itself, nor that its auditor had to be from the Big Four. "...A deep understanding of our business, and a high quality audit team are however essential parts of any audit" stated Laffin
"However, as we've said previously," Admiral warns, "our margin expectations for business earned this year are lower than in recent years, which is unsurprising considering the decline in premium levels over the last three years."

More Content

All (69) | News (67) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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UK regulator proposes 5 percent cut in water bi... [Published NewsRT.co.uk - 21 hours ago]
Water bills to fall 5% thanks to Ofwat price re... [Published London South East - 22 hours ago]
UK regulator proposes 5 pct cut in water bills ... [Published London South East - 23 hours ago]
News in brief 19 August 2014 [Published IWA Publishing - Aug 27 2014]
Pennon Group PLC : Treasury Stock [Published Investegate - Aug 27 2014]
FTSE 250 movers: Lonmin continues to rise [Published BullBearings - Aug 27 2014]
18,000 TPA Recycling Contract for Viridor in He... [Published Waste Management World - Aug 27 2014]
KPMG and EY win major listed company audits [Published Accountancy Age - Aug 26 2014]
Pennon confirms scrip reference price [Published MoneyAM - Aug 22 2014]
Pennon changes auditors [Published MoneyAM - Aug 22 2014]
Change of Auditors [Published TrustNet - Aug 22 2014]
Pennon Group PLC : Treasury Stock [Published Investegate - Aug 20 2014]
Utilities Centrica 3147/8 +3/8 4021/4 [Published 4 Traders - Aug 20 2014]
Pennon Group PLC : Cancellation of Listing of C... [Published Investegate - Aug 18 2014]
Pennon Group PLC : Holding(s) in Company [Published Investegate - Aug 15 2014]
Weakness in recycling prices and landfill reven... [Published Resource Efficient Business - Aug 14 2014]
South West Water accelerates key AMP6 projects [Published WWT - Aug 13 2014]
Pennon expects EfW boost for Viridor earnings [Published Lets Recycle - Aug 13 2014]
Convertible Bonds due 2014 - Additional Listing [Published MoneyAM - Aug 13 2014]
Pennon Group:South West Water continues strong ... [Published WaterBriefing - Aug 13 2014]
FTSE follows Wall St south as... [Published This Is Money - Aug 13 2014]
Updates from Admiral, Michael Page and Pennon G... [Published AOL UK - Aug 13 2014]
Pennon warns of profit hit from bill freeze [Published BullBearings - Aug 13 2014]
London pre-open: Geopolitics, Asian data to wei... [Published BullBearings - Aug 13 2014]
Pennon Says Overall Performance In Line With View [Published RTTNews.com - Aug 13 2014]
Pennon says trading in line with management view [Published Stock Market Wire - Aug 13 2014]
Pennon Group PLC : Interim Management Statement [Published Investegate - Aug 13 2014]
FTSE100 tipped to open flat this morning [Published MoneyAM - Aug 13 2014]
recycling rewards for hattersley pupils [Published Noodls - Aug 12 2014]
What This Top Dividend Portfolio Is Holding Now... [Published Motley Fool UK - Aug 11 2014]
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