Capital Reorganisation

5 July 2021

Pennon Group plc - completion of share consolidation and announcement of total voting rights

Further to the announcement on 28 June 2021 that shareholder approval was granted at the General Meeting for a Special Dividend and associated Share Consolidation, Pennon Group plc, (the "Company") is pleased to announce that the Company's Share Consolidation has today become effective.

Admission of the Company's New Ordinary Shares to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market for listed securities took place at 8.00 a.m. today.

The ISIN for the New Ordinary Shares is GB00BNNTLN49.

As a result of the Share Consolidation and in accordance with the requirements of the FCA's Disclosure Guidance and Transparency Rule 5.6.1A, the Company hereby notifies the market that the Company's issued share capital as at 8.00 a.m. on 5 July 2021 consisted of 281,417,831 ordinary shares of 61.05p each. The Company holds 5,628 ordinary shares in treasury. Therefore, the total number of voting rights in the Company as at today's date is 281,412,203 shares.

The above figure may be used by shareholders and others with notification obligations as their denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms not otherwise defined in this Announcement have the same meaning given to them in the shareholder circular published by the Company on 3 June 2021. 

Simon Pugsley, Group General Counsel & Company Secretary