Six directors have resigned from Kemble Water Holdings, the ultimate parent of Thames Water, on 20^th May this week.

The directors were representatives of Thames Water shareholders Omers, USS, QIC, British Columbia Investment Management and Fiera Capital.

The resignations follow on the back of last week’s sudden resignation with immediate effect of Michael McNicholas, a managing director at Canadian pension fund OMERS Infrastructure, the biggest shareholder of Thames Water Utilities Ltd.

Thames Water confirmed the earlier resignation of Michael McNicholas, a shareholder nominated Non-Executive Director of Thames Water Utilities since 2019, in a brief statement issued to the London Stock Exchange on 16^th May. The water company announced that he had informed the Thames Board of his intention to stand down with immediate effect.