July 3 (Reuters) – UK’s OFWAT:

* UK’S OFWAT ANNOUNCES CHANGES TO PR19 METHODOLOGY

* WATER COS TO BE REQUIRED TO SET OUT PROPOSALS TO SHARE
BENEFITS
WITH CUSTOMERS WHERE COS HAVE GEARING MATERIALLY ABOVE NOTIONAL
LEVEL UNDERPINING PRICE CONTROLS

* WATER COS TO BE REQUIRED TO EXPLAIN HOW DIVIDEND POLICIES
IN
2020-25 TAKE ACCOUNT OF HOW COS DELIVER FOR CUSTOMERS OVER PRICE
CONTROL PERIOD

* WATER COS REQUIRED TO HOW PERFORMANCE RELATED EXECUTIVE
PAY WILL
REWARD STRETCHING DELIVERY FOR CUSTOMERS
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