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Transaction in Own Shares and Total Voting Rights

18 Mar 2022 07:00

RNS Number : 2066F
Water Intelligence PLC
18 March 2022
 

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 16 March 2022, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 15 July 2021, the Company purchased 1,000 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 827 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 broker, Dowgate Capital are set out below:

Date of Purchase

16 March 2022

Number of ordinary shares purchased/aggregated volume

1,000

Highest price paid per ordinary share

827p

Lowest price paid per ordinary shares

827p

Volume weighted average price paid per ordinary shares

827p

Time of transaction

14:58

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 56,500 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company is 19,441,188 ordinary shares (divided into 17,361,188 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

Chris Hardie

Ben Good

Tel: 020 7220 1666

 

RBC Europe Limited

Jill Li

Elizabeth Evans

Tel: 020 7653 4000

 

Dowgate Capital Limited

Stephen Norcross

 

 

Tel: 020 3903 7715

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

 

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