Water Intelligence - Issue of Options

Water Intelligence

25/03/2026 07:00

RNS Number : 9818X

Water Intelligence PLC

25 March 2026

 

 

Water Intelligence plc (AIM: WATR.L)

Issue of Options

 

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 that as in previous years, the directors have agreed to take their Board fees in options rather than cash.

 

Therefore, the Board has issued 385,000 options to directors, PDMRs and employees as follows:

 

Recipient
Options Issued
Total Options held
Total Voting Rights (% of Company)
Patrick DeSouza
75,000
300,000
4,874,760 (25.7%)
Laura Hills
50,000
250,000
130,373 (0.7%)
Dan Ewell
50,000
350,000
41,320 (0.2%)
Phil Meckley
30,000
60,000
2,050 (0.0%)
Will Knell
50,000
275,000
2,050 (0.0%)
Other employees
130,000


 

The exercise price is 300 pence, representing a 17.6 per cent. premium to the closing price on 23 March 2026. The options have a three year vesting period and are capable of exercise for up to 10 years from the date of issue.

 

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

 

 

 

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
Identification code
Option over Ordinary Shares
Ordinary Shares
GB00BZ973D04
b)
Nature of the transaction
Grant of Options
c)
Price(s) and volume(s)
75,000 options at an exercise price of 300 pence
d)
Aggregated information
See above
- Aggregated volume
- Price
e)
Date of the transaction
23 March 2026
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
Identification code
Option over Ordinary Shares
Ordinary Shares
GB00BZ973D04
b)
Nature of the transaction
Grant of Options
c)
Price(s) and volume(s)
50,000 options at an exercise price of 300 pence
d)
Aggregated information
See above
- Aggregated volume
- Price
e)
Date of the transaction
23 March 2026
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
Identification code
Option over Ordinary Shares
Ordinary Shares
GB00BZ973D04
b)
Nature of the transaction
Grant of Options
c)
Price(s) and volume(s)
50,000 options at an exercise price of 300 pence
d)
Aggregated information
See above
- Aggregated volume
- Price
e)
Date of the transaction
23 March 2026
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
Identification code
Option over Ordinary Shares
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 300 pence
d)
Aggregated information
See above
- Aggregated volume
- Price
e)
Date of the transaction
23 March 2026
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, 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
Identification code
Option over Ordinary Shares
Ordinary Shares
GB00BZ973D04
b)
Nature of the transaction
Grant of Options
c)
Price(s) and volume(s)
50,000 options at an exercise price of 300 pence
d)
Aggregated information
See above
- Aggregated volume
- Price
e)
Date of the transaction
23 March 2026
f)
Place of the transaction
London Stock Exchange, AIM Market

 

 

 

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