REG - Water Intelligence - Directorate Change

Water IntelligenceAnnouncement

07/11/2023 07:00

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RNS Number : 5648S  Water Intelligence PLC  07 November 2023

Water Intelligence plc

(the "Group" or "Water Intelligence")

Director Change

 

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 a change to its board following
on from its annual American Leak Detection ("ALD") Franchise Convention.

On October 17-21, franchisees and corporate leaders from the US, UK, Australia
and Canada met in Charleston, South Carolina along with various product and
service partners, and reaffirmed the Group's 2024 growth plan.  Following on
from the convention, the Group announces that Michael Reisman, Myres S.
McDougal Professor of International Law at Yale, who has served on the board
since its listing on AIM in 2010, is retiring from the board. The Group also
announces that the highest producing franchisee of its operating business ALD,
Phil Meckley, is succeeding Dr. Reisman as a Non-Executive Director.

Mr. Meckley currently owns fast-growing franchises in California and Texas. He
brings over twenty years of operating experience in growing ALD locations and
has provided significant leadership to the entire franchise system. In
addition, Phil and his wife Robin have provided leadership with respect to
ALD's charitable efforts to help disadvantaged communities in various parts of
the world solve water infrastructure issues, most recently in rural India.

Executive Chairman, Patrick DeSouza, commented, "I would like to express my
deep gratitude to Michael for his service to Water Intelligence and its
shareholders in contributing to its strong development as a public company. He
has provided clear guidance on building our international investor base and
developing multinational growth opportunities.

I would also like to welcome Phil to the board. As our leading franchise
operator, Phil brings a wealth of operating experience in all aspects of our
business from driving organic growth by adding service vehicles across various
geographies to delivering the highest level of customer service in working
with our customers and national insurance partners. His operating experience
will be especially valuable in helping us navigate current volatile market
conditions. We look forward to an exciting 2024."

 

 Water Intelligence plc
 Patrick DeSouza, Executive Chairman                 Tel: +1 203 654 5426
 WH Ireland Limited - NOMAD & Joint Broker           Tel: +44 (0)20 7220 1666

Hugh Morgan

James Bavister
 RBC Capital Markets - Joint Broker                  Tel: +44 (0)20 7653 4000
 Rupert Walford

Elizabeth Evans

Daniel Saveski
                                                                    Tel: +44 (0)20 3903 7715

 Dowgate Capital Ltd - Joint Broker

Stephen Norcross

Additional disclosures required under the AIM Rules for Companies

 

Pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for
Companies, Philip Sherman Meckley, age 65, owns no ordinary shares in the
Company and is, or has during the last five years, been a director or partner
of the following companies and partnerships:

 

 Current Directorships or Partnerships      Previous Directorships or Partnerships

 ALDOC, Inc.                                ALDHI, Inc.

 American Leak Detection of Houston, Inc.

 ALDSD, Inc.

 ALDSLO LLC

 PRPB Holdings, Inc.

 Meckley United, LLC

 

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