BRIEF-S&P Says Thames Water Class A & B Debt Ratings Lowered On Delayed Shareholder Support Outlook Negative

* S&P- THAMES WATER CLASS A AND B DEBT RATINGS LOWERED ON DELAYED SHAREHOLDER SUPPORT; OUTLOOK NEGATIVE

* S&P-DIFFICULT MACROECONOMIC BACKDROP OF REGULATORY SETTLEMENT, NUMEROUS BESPOKE ELEMENTS THAMES WATER PR24 BUSINESS PLAN MIGHT COMPLICATE DISCUSSIONS * :S&P: NEGATIVE OUTLOOK INDICATES UNCERTAINTY ON ADDITIONAL EQUITY INVESTMENT IN THAMES WATER THAT IS ESSENTIAL TO IMPROVE PERFORMANCE TURNAROUND PLAN Source text: https://tinyurl.com/yxs6m9cv