REG - Water Intelligence - PDMR Dealing

Water IntelligenceAnnouncement

01/12/2020 17:20

RNS Number : 1883H
  
Water Intelligence PLC
  
01 December 2020
  
 

Water Intelligence plc (the "Company")
PDMR Dealing
The Company announces that it received notification on 1 December 2020 that Dr Patrick DeSouza, Executive Chairman of the Company, has, for personal estate and tax planning purposes, transferred 2,340,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") for nil consideration to two related trusts, of which his immediate family are the sole beneficiaries. Dr DeSouza is the trustee of one of the trusts and his wife is the trustee of the other.
Following these transfers, Dr DeSouza will hold 447,110 Ordinary Shares in his own name, but his beneficial interest in the Company remains unchanged. The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail on the transfers.
 



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
Identification code


Ordinary Shares
 




b)


Nature of the transaction


Sale of Ordinary Shares
 




c)


Price(s) and volume(s)


1,510,000 Ordinary Shares sold at 0p each
830,000 Ordinary Shares sold at 0p each
 




d)


Aggregated information


2,340,000 Ordinary Shares sold at 0p each




 


-      Aggregated volume


 




 


-      Price


 




e)


Date of the transaction


30 November 2020




f)


Place of the transaction


Transfer of shares occurred outside a trading venue



 



1.


Details of the PDMR / person closely associated




a)


Name


The Patrick J. DeSouza 2020 Irrevocable Trust U/A Dtd 11/23/2020




2.


Reason for the notification




a)


Position / status


Person Closely Associated with Patrick DeSouza, Executive Chairman of Water Intelligence plc




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
Identification code


Ordinary Shares
 




b)


Nature of the transaction


Purchase of Ordinary Shares
 




c)


Price(s) and volume(s)


1,530,000 Ordinary Shares sold at 0p each
 




d)


Aggregated information


n/a (single transaction)




 


-      Aggregated volume


 




 


-      Price


 




e)


Date of the transaction


30 November 2020




f)


Place of the transaction


Transfer of shares occurred outside a trading venue



 



1.


Details of the PDMR / person closely associated




a)


Name


The Patrick J. DeSouza GRAT #1 U/T/A Dtd 11/23/2020




2.


Reason for the notification




a)


Position / status


Person Closely Associated with Patrick DeSouza, Executive Chairman of Water Intelligence plc




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
Identification code


Ordinary Shares
 




b)


Nature of the transaction


Purchase of Ordinary Shares
 




c)


Price(s) and volume(s)


810,000 Ordinary Shares sold at 0p each
 




d)


Aggregated information


n/a (single transaction)




 


-      Aggregated volume


 




 


-      Price


 




e)


Date of the transaction


30 November 2020




f)


Place of the transaction


Transfer of shares occurred outside a trading venue



 
Enquiries:



Water Intelligence plc








Patrick DeSouza, Executive Chairman


Tel: +1 203 654 5426




Adrian Hargrave, VP Corporate Development
 


+44 (0) 7775 701 838




WH Ireland Limited - NOMAD & Broker


Tel: +44 (0) 207 220 1666




Adrian Hadden








James Sinclair-Ford






 




Matthew Chan
Dowgate Capital Ltd - Broker & Advisor   

Stephen Norcross     


Tel:  +44 (0)7920 599 793
 


 










 

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