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SSE to Redeem £600m Capital Securities and Cancel London Listing

Story Highlights
  • SSE will fully redeem its £600 million sterling capital securities on 14 April 2026, paying principal plus accrued interest and any arrears.
  • After the redemption is settled, the securities will be delisted from the FCA Official List and London Stock Exchange, tightening SSE’s capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSE to Redeem £600m Capital Securities and Cancel London Listing

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SSE ( (GB:SSE) ) has issued an update.

SSE plc will redeem in full its £600 million sterling-denominated capital securities on 14 April 2026 under the issuer’s call option, repaying principal together with accrued and unpaid interest and any arrears up to, but excluding, the redemption date. Following settlement of the redemption, the securities will be delisted from the Official List of the Financial Conduct Authority and removed from trading on the main market of the London Stock Exchange, simplifying SSE’s capital structure and retiring this specific instrument.

The move reflects SSE’s active management of its funding profile and hybrid capital instruments, which can influence its cost of capital and financial flexibility as it continues to invest in regulated networks and renewables. Holders of the securities will receive full repayment in line with the terms, after which no further interest will accrue, bringing this tranche of hybrid-style capital to a close and marginally altering the company’s mix of equity-like and debt-like funding.

The most recent analyst rating on (GB:SSE) stock is a Buy with a £2904.00 price target. To see the full list of analyst forecasts on SSE stock, see the GB:SSE Stock Forecast page.

Spark’s Take on GB:SSE Stock

According to Spark, TipRanks’ AI Analyst, GB:SSE is a Outperform.

SSE’s overall score is driven by a strong strategic investment plan and positive technical indicators. However, financial performance concerns, particularly in cash flow management, and a relatively high valuation temper the outlook. The company’s proactive corporate events and earnings call insights provide a positive strategic direction, supporting a favorable long-term view.

To see Spark’s full report on GB:SSE stock, click here.

More about SSE

SSE plc is a Scottish-headquartered energy company operating in the utilities sector, best known for its activities in electricity generation, transmission, distribution, and related energy infrastructure across the U.K. and Ireland. The group focuses on regulated networks and renewables, positioning itself as a major player in the transition to low-carbon power systems.

Average Trading Volume: 3,404,967

Technical Sentiment Signal: Buy

Current Market Cap: £31.39B

Find detailed analytics on SSE stock on TipRanks’ Stock Analysis page.

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