Last checked at 6 Apr 2022 08:30
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 5 April 2022, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 15 July 2021, the Company purchased 2,500 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 815 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 | 5 April 2022 |
Number of ordinary shares purchased/aggregated volume | 2,500 |
Highest price paid per ordinary share | 815p |
Lowest price paid per ordinary shares | 815p |
Volume weighted average price paid per ordinary shares | 815p |
Time of transaction | 08:15 |
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 59,000 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company is 19,438,688 ordinary shares (divided into 17,358,688 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 | |
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 |
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.