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On 05 September 2023, the directors of Jersey Electricity Plc noted recent press speculation regarding a potential merger with Guernsey Electricity. The directors confirmed they have not received an approach from Guernsey Electricity's management team or owner, and no active discussions are taking place. The Board stated it is always open to ways to enhance shareholder value.
| Date | 5 Sept 2023 |
| Time | 09:49:05 |
| Category | Corporate updates |
| ID | 4293L |
JERSEY ELECTRICITY PLC
5 September 2023
Disclosure
Press speculation
The directors of Jersey Electricity Plc note the recent press speculation regarding a potential merger with Guernsey Electricity. The Directors have not received an approach by either the management team or the owner of Guernsey Electricity and no active discussions are taking place.
The Board of Jersey Electricity are always open to ways to enhance shareholder value for the benefit of shareholders.
Enquiries:
Fiona Wilson
Company Secretary
Jersey Electricity Plc
PO Box 45, The Powerhouse
Queens Road, St Helier
Jersey. JE4 8NY
Tel: +44 1534 505253
email: fwilson@jec.co.uk