REG - Water Intelligence - Close of Bookbuild

Water IntelligenceAnnouncement

14/07/2021 12:15

RNS Number : 2482F
  
Water Intelligence PLC
  
14 July 2021
  
 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. 
Water Intelligence plc
("Water Intelligence" or the "Company" or the "Group")
Close of Bookbuild
 
Water Intelligence, a leading provider of minimally invasive leak detection and remediation services for both potable and non-potable water, announces that further to the announcement made earlier today, the Placing has now closed following strong institutional demand and the bookbuild has been successfully concluded.
A further announcement will be made in due course confirming final details of the Fundraising. Participants in the Fundraising will be contacted by the Bookrunners as soon as practicable to confirm their allocations.
It is expected that the trade date for the Placing will be today, 14 July 2021, and that the settlement date will occur on a T+3 basis, being 19 July 2021.
Save as otherwise defined, capitalised terms used in this announcement have the meanings given to them in the announcement released by the Company at 7.00 a.m. on 14 July 2021.
 
Enquiries:
Water Intelligence plc
Patrick DeSouza, Executive Chairman
Tel: +1 203 654 5426
 
WH Ireland Limited - NOMAD & Joint Broker and Bookrunner
Adrian Hadden
James Sinclair-Ford
Matthew Chan
Tel: +44 (0)20 7220 1666
 
Dowgate Capital Ltd - Joint Broker and Bookrunner
Stephen Norcross 
Tel:  +44 (0)20 3903 7721

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