REG - Water Intelligence - Issue of Options, PDMR Dealings & Share Buyback

Water IntelligenceAnnouncement

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RNS Number : 5100B  Water Intelligence PLC  01 October 2025

 

Water Intelligence plc (AIM: WATR.L)

Issue of Options, PDMR Dealings, Transaction in Own Shares

and Total Voting Rights

 

 

Water Intelligence plc (AIM: WATR.L) (the "Group" or "Water Intelligence"), a
leading multinational provider of precision, minimally-invasive leak detection
and remediation solutions for both potable and non-potable water announces an
issue of 275,000 options to directors, PDMRs and employees, as outlined in its
interim results released on 29 September 2025.  The expense for the options
has been already disclosed as part of the 2024 Accounts previously released.

 

As in previous years and as disclosed in the Group's annual report, directors
have agreed to take their Board fees in options rather than cash. In line with
the disclosure in the interim results, the Board has approved the issue of
options as follows:

 

 Director / PDMR  Options Issued  Total Options held  Total Voting Rights (% of Company)

 Patrick DeSouza  55,000          225,000             4,874,760 (25.3%)
 Laura Hills      55,000          200,000             130,373 (0.7%)
 Dan Ewell        55,000          300,000             41,320 (0.2%)
 Bobby Knell      30,000          100,000             27,000 (0.1%)
 Phil Meckley     30,000          30,000              2,050 (0.0%)
 Will Knell       25,000          225,000             -

 

 

A further 25,000 options were issued to employees who were neither directors
nor PDMRs.

The exercise price for the options is 345 pence, representing a 25.4 per cent.
premium to the closing price on 29 September 2025 and is also equal to the
Company's share price on 31 March 2025, when the Group closed the books on its
2024 accounts. The options have a three-year vesting period and are capable of
exercise for up to 10 years from the date of issue.

 

Transaction in Own Shares

 

The Group also announces that on 30 September 2025, pursuant to the authority
approved by shareholders at the Company's Annual General Meeting dated 7
October 2024, the Company purchased 15,000 ordinary shares of 1 penny each
("Ordinary Shares") in three tranches of 5,000 at prices of 279 pence, 276.69
pence and 277.5 pence (the "Transactions").

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 joint
broker, Dowgate Capital, are set out below:

 Date of Purchase                                        30 September 2025
 Number of ordinary shares purchased/aggregated volume   15,000
 Highest price paid per ordinary share                   279p
 Lowest price paid per ordinary shares                   276.69p
 Volume weighted average price paid per ordinary shares  277.73p
 Time of transactions                                    08:18:00, 11:00:00 & 16:35:00
 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 294,150 Ordinary Shares in
treasury.

Therefore the total number of voting rights in the Company is 19,273,538
ordinary shares (divided into 17,193,538 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

Laura Bass, Director, Strategic Finance
 
Tel: Tel: +1 203 584-8240

 

Grant Thornton UK LLP - Nominated
Adviser
               Tel: +44 (0) 20 7383 5100

Philip Secrett

Harrison Clarke

Ciara Donnelly

 

Canaccord Genuity Limited - Joint Broker
 
Tel: + 44 (0)207 523 8000

Simon Bridges

Harry Gooden

Elizabeth Halley-Stott

 

Dowgate Capital Ltd - Joint Broker
 
Tel: +44 (0)20 3903 7715

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Patrick DeSouza
 2.  Reason for the notification
 a)  Position / status                                            Executive Chairman
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Water Intelligence plc
 b)  LEI                                                          213800AL3BNXJ1HQLP10
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Option over Ordinary Shares

     Identification code                                          Ordinary Shares

                                                                  GB00BZ973D04
 b)  Nature of the transaction                                    Grant of Options

 c)  Price(s) and volume(s)                                       55,000 options at an exercise price of 345 pence
 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      30 September 2025
 f)  Place of the transaction                                     London Stock Exchange, AIM Market

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Dan Ewell
 2.  Reason for the notification
 a)  Position / status                                            Non-Executive Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Water Intelligence plc
 b)  LEI                                                          213800AL3BNXJ1HQLP10
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Option over Ordinary Shares

     Identification code                                          Ordinary Shares

                                                                  GB00BZ973D04
 b)  Nature of the transaction                                    Grant of Options

 c)  Price(s) and volume(s)                                       55,000 options at an exercise price of 345 pence
 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      30 September 2025
 f)  Place of the transaction                                     London Stock Exchange, AIM Market

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Laura Hills
 2.  Reason for the notification
 a)  Position / status                                            Non-Executive Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Water Intelligence plc
 b)  LEI                                                          213800AL3BNXJ1HQLP10
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Option over Ordinary Shares

     Identification code                                          Ordinary Shares

                                                                  GB00BZ973D04
 b)  Nature of the transaction                                    Grant of Options

 c)  Price(s) and volume(s)                                       55,000 options at an exercise price of 500 pence
 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      30 September 2025
 f)  Place of the transaction                                     London Stock Exchange, AIM Market

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Bobby Knell
 2.  Reason for the notification
 a)  Position / status                                            Non-Executive Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Water Intelligence plc
 b)  LEI                                                          213800AL3BNXJ1HQLP10
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Option over Ordinary Shares

     Identification code                                          Ordinary Shares

                                                                  GB00BZ973D04
 b)  Nature of the transaction                                    Grant of Options

 c)  Price(s) and volume(s)                                       30,000 options at an exercise price of 345 pence
 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      30 September 2025
 f)  Place of the transaction                                     London Stock Exchange, AIM Market

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Phil Meckley
 2.  Reason for the notification
 a)  Position / status                                            Non-executive Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Water Intelligence plc
 b)  LEI                                                          213800AL3BNXJ1HQLP10
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Option over Ordinary Shares

     Identification code                                          Ordinary Shares

                                                                  GB00BZ973D04
 b)  Nature of the transaction                                    Grant of Options

 c)  Price(s) and volume(s)                                       30,000 options at an exercise price of 345 pence
 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      30 September 2025
 f)  Place of the transaction                                     London Stock Exchange, AIM Market

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Will Knell
 2.  Reason for the notification
 a)  Position / status                                            CEO of American Leak Detection
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Water Intelligence plc
 b)  LEI                                                          213800AL3BNXJ1HQLP10
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Option over Ordinary Shares

     Identification code                                          Ordinary Shares

                                                                  GB00BZ973D04
 b)  Nature of the transaction                                    Grant of Options

 c)  Price(s) and volume(s)                                       25,000 options at an exercise price of 345 pence
 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      30 September 2025
 f)  Place of the transaction                                     London Stock Exchange, AIM Market

 

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