Last checked at 21 Mar 2024 07:00
Water Intelligence plc
("Water Intelligence" or the "Company")
Transaction in Own Shares and Total Voting Rights
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 20 March 2024, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 26 July 2023, the Company purchased 5,000 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 330 pence (the "Transaction").
Summary of Trades
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (which forms part of domestic law pursuant to the European Union (Withdrawal) Act 2018), details of the purchase of its own ordinary shares by Water Intelligence, which were all executed through the Company's joint broker, Dowgate Capital, are set out below:
Date of Purchase | 20 March 2024 |
Number of ordinary shares purchased/aggregated volume | 5,000 |
Highest price paid per ordinary share | 330p |
Lowest price paid per ordinary shares | 330p |
Volume weighted average price paid per ordinary shares | 330p |
Time of transaction | 10:37:47 |
Trading Venue | London Stock Exchange |
Total Voting Rights
The Ordinary Shares which have been purchased will be held in treasury. Following the Transaction, the Company holds 84,000 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company is 19,483,688 ordinary shares (divided into 17,403,688 Ordinary Shares, which are admitted to trading on AIM and entitle the holder to one vote per Ordinary Share and 2,080,000 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. The shares held in Treasury are excluded from this calculation) 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.
Enquiries:
Water Intelligence plc | |
Patrick DeSouza (Executive Chairman)
| Tel: +1 203 654 5426 |
WH Ireland Limited - NOMAD & Joint Broker | |
Hugh Morgan James Bavister Isaac Hooper
| Tel: 020 7220 1666
|
RBC Europe Limited - Joint Broker | |
Rupert Walford Elizabeth Evans Daniel Saveski
| Tel: 020 7653 4000
|
Dowgate Capital Limited - Joint Broker Stephen Norcross
|
Tel: 020 3903 7715 |
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.