REG - Water Intelligence - Exercise of Options

Water IntelligenceAnnouncement

16/08/2022 17:30

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RNS Number : 2307W  Water Intelligence PLC  16 August 2022

Water Intelligence plc

 ("Water Intelligence" or the "Company")

Exercise of Options

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, today announces that it has received
notice from retiring employees, to exercise options over 70,000 shares
("Option Shares") at a volume weighted average price of 236 cents per Option
Share. Consequently, the Company has issued and allotted 70,000 new ordinary
shares ("New Ordinary Shares").

Application has been made for the 70,000 New Ordinary Shares to be admitted to
trading on AIM and dealings are expected to commence at or around 8.00 a.m. on
19 August 2022 ("Admission"). The New Ordinary Shares will rank pari passu
with the Company's existing ordinary shares.

Following Admission, the total number of voting rights in the Company
following  Admission is 19,508,688 shares (divided into 17,428,688 Ordinary
Shares not held in treasury, which are admitted to trading on AIM and entitle
the holder to one vote per Ordinary Share; 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) 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. The Company also holds 59,000 Ordinary
Shares in treasury.

Enquiries:

 Water Intelligence plc
 Patrick DeSouza (Executive Chairman)  Tel: +1 203 654 5426

 WH Ireland Limited
 Chris Hardie                          Tel: 020 7220 1666

 Ben Good
 RBC Europe Limited
 Jill Li                               Tel: 020 7653 4000

 Daniel Saveski
 Dowgate Capital Limited

 Stephen Norcross                      Tel: 020 3903 7715

 

 

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