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Security Profile
- Security Type
- Common Stock
- CUSIP
- 91311Q105
- Market Cap
- Large Cap · $17 Billion
- Previous Symbol
- UUPLY (changed 7/25/2008)
- Previous Name
- United Utilities plc
Business: United Utilities PLC was created from the merger of North West Water and Norweb in November 1995. Its shares are listed on the London Stock Exchange. Its principal activities are managing and operating the regulated electricity distribution, water and wastewater networks in north west England, a region with a population of around 7 million. In August 2000 United Utilities sold its electricity and gas supply business and as a result no longer has any significant exposure to the competitive UK generation and supply market. As well as operating its water, wastewater and electricity networks in the North West, the group also uses its core utility skills to manage other infrastructure assets, through its United Utilities Contract Solutions business. United Utilities is a member of the FTSE 100 group of leading UK listed companies and employs over 8,000 people in its core utility activities.
Notes: 17 for 22 reverse stock split on 7/25/2008 and $6.75 apx return on Capital payable on return of certificates. ____________ June 25, 2007 - United Utilities PLC (NYSE : 'UU') announces today that it has filed with the U.S. Securities and Exchange Commission the requisite form to terminate its registration under the U.S. Securities Exchange Act of 1934. UU had previously filed to withdraw its American depositary shares (CUSIP: US913111Q1058)(the 'ADSs') and its ordinary shares (the 'Shares') from listing on the New York Stock Exchange ('NYSE') and registration under Section 12(b) of the Exchange Act. The Company is chosing to delist its ADSs and Shares and deregister due to the low number of outstanding ADSs, the fact that the ADSs are not widely held in the United States and the low trading volume in its ADSs. Due to the foregoing, the Company also believes that the administrative costs of maintaining the listing and costs of complying with U.S. federal securities laws are no longer justified. Subsequent to such delisting and deregistration, the Shares will continue to be listed on the London Stock Exchange. The ADSs will not be so listed but will be eligible for trading over-the-counter.
Company Contact
- Investor Relations
- darren.jameson@uuplc.co.uk