BRIEF — Pennon Group Announces £550 Mln Fully Underwritten Rights Issue At 250p/Share

Oct 7 (Reuters) — Pennon Group PLC: Pennon Group Plc - Rights Issue Pennon Group - Announces £550 Million Fully Underwritten Rights Issue At 250 Pence Per Share Pennon Group - To Rebase Dividend To £125 Million For Fy2026/2027 Pennon Group - Underlying Ebitda Expected To Increase 5%-10% In Current Financial Year Pennon Group - To Record £33 Million Impairment For Cornwall Desalination Plant Pennon Group - Considering Disposal Of Pennon Power To Reduce Debt And Reinvest In Core Business Pennon Group Plc: For The Year Ended 31 March 2026, Net Operational Outcome Delivery Incentive (Odi) Penalty Of About £58 Million Pennon Group: Anticipate Continue To Incur Odi Penalties Over Period To 2030; Targeting At Least A 50% Reduction In Such Penalties On Annualised Basis Pennon Group: In 2026, Expects £12.9 Million Of Costs Related To Settlement Of The Dwi Prosecution Source text:... Further company coverage: PNN.L (Reuters.Briefs@thomsonreuters.com;)