RNS Number : 4321V Water Intelligence PLC 07 August 2020
Water Intelligence plc
("Water Intelligence" or the "Company")
Transaction in Own Shares
Water Intelligence plc (AIM: WATR.L), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water, announces that on 6 August 2020, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 29 July 2020, the Company purchased 2,500 ordinary shares of 1 penny each ("Ordinary Shares") at 324 pence (the "Transaction").
The Ordinary Shares which have been purchased will be held in treasury. Following the Transaction, the Company holds 172,500 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company is 16,899,871 shares (divided into 14,699,871 Ordinary Shares not held in treasury, which are admitted to trading on AIM and entitle the holder to one vote per Ordinary Share; 2,200,000 B Ordinary Shares of 1 penny each which are not admitted to trading on AIM, but do still entitle the holder to one vote per ordinary share, but carry no economic rights) which may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules......
Morning Wreslers .....Lets give the wres team another Quarter to get the kit running smoothly,we were all disappointed with resent results but im still confident that we will turn things around....one thing for sure its been way over sold here good luck all
RNS Number : 0139U Water Intelligence PLC 27 July 2020
Water Intelligence receives London Stock Exchange's Green Economy Mark
Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Group"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to announce that it has been recognised by London Stock Exchange as contributing to the global green economy.
The Group has received London Stock Exchange's Green Economy Mark ("Mark"). The Mark identifies companies that derive a significant amount of their sales from green economy products and services. Water Intelligence has been dedicated to providing minimally-invasive technology-based solutions to homeowners, property management, insurers and municipalities to address issues of clean water loss and sanitary overflow of wastewater.
The current importance of safeguarding our water infrastructure is underscored by two systemic realities facing our world: first, Covid-19 highlights the importance of "essential services," such as water security, as citizens "shelter-in-place"; and second, the consequences of climate change - droughts, sanitary overflow from storm run-off, burst pipes from flash freezing - increase the price of water and make manifest the need for more effective infrastructure solutions.
The Green Economy Mark, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of London Stock Exchange's Main Market and AIM that are driving the global green economy. Its underlying methodology incorporates the Green Revenues data model developed by FTSE Russell.
Executive Chairman, Dr. Patrick DeSouza, stated: "We are proud to have received London Stock Exchange's Green Economy Mark. The designation enables Water Intelligence to better communicate its green credentials to investors and other stakeholders. We have achieved an outstanding five-year compounded annual growth. We are also on a mission to provide private sector leadership for the important public good of water security. We look forward to the future as we roll-out our next line of products for sewer and wastewater diagnostics and for irrigation management."
Denzil Jenkins, Interim CEO, London Stock Exchange plc said: "We're delighted to announce the 2020 group of companies and funds that have received the Green Economy Mark. There is growing investor demand for actionable climate and environment-related financial information, with global asset allocations to green and sustainable finance increasing each year. The Green Economy Mark underlines London Stock Exchange's commitment supporting issuers and investors in the transition to a greener economy."
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Auth
Great Western Executive Chairman Brian Hall commented: "Together with the sampling exercise on the OMCO Mine Extension already reported, this completes our initial assessment of the four main targets so far identified at the Olympic Gold Project. The next stage will be a magnetic survey over the OMCO Mine Extension to try to identify mineralisation on the other side of a fault from the original successful gold workings, which produced over 35,000 oz. gold in the first half of the 20th century from high grade rocks. In parallel with this, we expect to use the same contractor to carry out a magnetic survey over part of the RH Group, where soil sampling in late 2019 established gold and silver potential in an area never previously mined. At Mineral Jackpot, we are looking into the option of using a light mobile rig to drill directly into veins which we have already mapped, by-passing the need to drill trenches prior to drilling. Such a rig could potentially be used to assess the ancient spoil heaps at Mineral Jackpot, which we are planning to leach for gold and silver. Due to current trans-Atlantic travel restrictions, we have engaged with local specialist personnel and are now moving forward strongly with our 2020 programme, funded by our recent share placings