RNS4 Oct 2019 08:26
RNS Number : 7442O
Water Intelligence PLC
04 October 2019
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 3 October 2019, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 28 June 2019, the Company purchased 5,000 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 273 pence (the "Transaction").
The Ordinary Shares which have been purchased will be held in treasury. Following the Transaction, the Company holds 40,000 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company is 16,947,371 shares (divided into 14,747,371 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.