Bazalgette Finance PLC Holding(s) in Company (6743Y)
2022年9月8日 - 3:01PM
RNSを含む英国規制内ニュース (英語)
TIDM38LO TIDMTTM
RNS Number : 6743Y
Bazalgette Finance PLC
08 September 2022
8 September 2022
Bazalgette Finance plc
CONSOLIDATION OF OWNERSHIP ARRANGEMENTS OF TIDEWAY
Bazalgette Finance plc confirms the conclusion of the process in
respect of the consolidation of ownership of the Bazalgette group
of companies including Bazalgette Tunnel Ltd, trading as Tideway,
which had been announced in June 2022 subject to third party
approvals.
DIF Capital Partners has divested its 10.66 per cent stake in
Tideway, which was acquired by the company's other existing
shareholders, an affiliate of Allianz Capital Partners, Dalmore
Capital and two Amber Infrastructure-related entities
(International Public Partnerships and Swiss Life Asset Managers).
The transaction has come about as one of DIF's underlying
investment funds is coming to the end of its fund life.
Notes:
1. Tideway is building the Thames Tideway Tunnel, a 25km-long
sewer tunnel which is due to become operational in 2025. The tunnel
will dramatically improve the water quality of the river Thames by
tackling overflows from London's existing sewer system. Earlier
this year, the company successfully completed the tunnelling phase
of the project.
2. The Bazalgette group of companies comprise Bazalgette Equity
Limited, Bazalgette Holdings Limited, Bazalgette Ventures Limited,
Bazalgette Tunnel Limited and Bazalgette Finance plc. More
information on the Bazalgette group company structure and existing
ownership arrangements is available on the Tideway website:
www.tideway.london
For further information, please contact:
investor.relations@tideway.london
press@tideway.london
Taylor Geall
07813 450 682
Bazalgette Finance plc
Cottons Centre
Cottons Lane
London
SE1 2QG
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END
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September 08, 2022 02:01 ET (06:01 GMT)
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