REG - Water Intelligence - Issue of Options
07/02/2023 07:16
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RNS Number : 0956P Water Intelligence PLC 07 February 2023
Water Intelligence plc
Issue 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 announces that pursuant to in lieu of 2022
fees to directors and certain employees, it has granted options, exercisable
at 660 pence each, the closing mid-market share price on the last trading day
of 2022, representing a 13.4 per cent. premium to the closing mid-market price
of the Company's Ordinary Shares on 6 February 2023 of 582 pence. These
options carry a vesting period of 4 years, Full detail of the option grants
are outlined below. In addition, the Group has granted a further 45,000
options on the same terms to certain employees.
Director Options Issued Total Options held Total Voting Rights (% of Company)
Patrick DeSouza 30,000 105,000 4,987,110 (25.7%)
Michael Reisman 15,000 140,000 184,126 (1.0%)
Laura Hills 15,000 130,000 120,757 (0.6%)
Bobby Knell 30,000 55,000 27,000 (0.1%)
Dan Ewell 15,000 215,000 22,659 (0.1%)
Water Intelligence plc
Patrick DeSouza, Executive Chairman
Tel: +1
203 654 5426
Maria McDonald, Director, Communications
Tel: +1 415 272 2459
RBC Capital Markets - Joint Broker
Tel: +44 (0) 207 653 4000
Rupert Walford
Daniel Saveski
WH Ireland Limited - NOMAD & Joint Broker
Tel: +44 (0)207 220 1666
( )
Hugh Morgan
James Bavister
Dowgate Capital Ltd - Joint Broker
Tel: +44
(0)20 3903 7721
Stephen Norcross
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) 30,000 options at an exercise price of 660 pence
d) Aggregated information See above
- Aggregated volume
- Price
e) Date of the transaction 7 February 2023
f) Place of the transaction London Stock Exchange, AIM Market
1. Details of the PDMR / person closely associated
a) Name Michael Reisman
2. Reason for the notification
a) Position / status Independent 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) 15,000 options at an exercise price of 660 pence
d) Aggregated information See above
- Aggregated volume
- Price
e) Date of the transaction 7 February 2023
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) 15,000 options at an exercise price of 660 pence
d) Aggregated information See above
- Aggregated volume
- Price
e) Date of the transaction 7 February 2023
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 660pence
d) Aggregated information See above
- Aggregated volume
- Price
e) Date of the transaction 7 February 2023
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) 15,000 options at an exercise price of 660 pence
d) Aggregated information See above
- Aggregated volume
- Price
e) Date of the transaction 7 February 2023
f) Place of the transaction London Stock Exchange, AIM Market
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