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URENCO Company Links

(last updated 31 May 2006)

Urenco Ltd, UK

Shareholders of Urenco Ltd


UK Government    Dutch Government   Shell, DSM    RWE AG external link    E.ON AG external link
      |                |            Philips,        | 100%      |
      | 100%           | 98.9%      VMF-STORK       |           |
      |                |                | 1.1%    NUKEM         |
      |                |                |          GmbH external link       |
      |                |                |           | 50%       | 50%
    BNFL external link             ------------------           -------------
      | 100%                   |                         |
      |                        |                         |
    INFL         Ultracentrifuge Nederland BV       Uranit GmbH
      |                        | 33%                     |
      |  33%                   |                         | 33%
      -----------------------  |  ------------------------
                            |  |  |
                           URENCO LTD

The UK Government has named Urenco as one of the companies earmarked for sale along with the Government's stake in British Energy. Urenco is jointly owned by the British, Dutch and German governments [should read: British and Dutch governments and German utilities]. The British government has been negotiating with its Dutch counterpart and is understood to have won its support for a flotation. With two thirds of the company's shareholders in favour of a float, the Government is believed to be confident it can also win German backing.
Privatising Urenco could be politically sensitive for all the governments involved because of concerns about nuclear technology passing to private ownership.
The Government has already received an approach by an unnamed north American company for its stake in Urenco barely 24 hours after Gordon Brown announced the planned divestment in the Budget. (Daily Telegraph March 24, 2006)

The UK government's plan to privatise Urenco via a 1.7 bln stg flotation is being blocked by the Dutch and German governments, the two other shareholders in the company, the Sunday Telegraph newspaper reported on June 26, 2005. (AFX June 6, 2005)


Head Office

Urenco Ltd. external link
18 Oxford Road
Marlow
Buckinghamshire, SL7 2NL
United Kingdom
Tel. +44-1628-486941, Fax: +44-1628-475867, email: enquiries@urenco.com

> Download Annual Report 2005 external link (3.8MB PDF)


Subsidiaries of Urenco Ltd


Urenco (Capenhurst) Ltd.
Capenhurst
Cheshire, CH1 6ER
United Kingdom
Tel. +44-151-473 4000
Fax: +44-151-473 4040
E-mail: enquiries@cap.urenco.co.uk
Urenco Nederland BV external link
Planthofsweg 77
7601 PJ Almelo
Postbus 158
7600 AD Almelo
The Netherlands
Tel. +31-546-545454
Fax: +31-546-818296
E-mail: mail@urenco.nl
Urenco Deutschland GmbH external link
Röntgenstr. 4
48599 Gronau
Germany
Tel. +49-2562-711-0
Fax: +49-2562-711-178
E-mail: info@urenco.de

 

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