REG - Water Intelligence - Transaction in Own Shares
RNS Number : 0429YWater Intelligence PLC27 December 2019Water Intelligence plc
("Water Intelligence" or the "Company")
Transaction in Own Shares
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 on 24 December 2019, pursuant to authorities approved by shareholders at the Company's Annual General Meeting dated 28 June 2019, the Company purchased 15,000 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 260 pence (the "Transaction"). The Transaction involved shares that were previously issued as part of a franchise re-acquisition.
The Ordinary Shares which have been purchased will be held in treasury. Following the Transaction, the Company holds 145,000 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company following the Transaction is 16,902,371 shares (divided into 14,702,371 Ordinary Shares not held in treasury, which are admitted to trading on AIM and entitle the holder to one vote per Ordinary Share; 2,200,000 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.
Enquiries:
Water Intelligence plc
Patrick DeSouza (Executive Chairman)
Adrian Hargrave (VP, Corporate Development)
Tel: +1 203 654 5426
Tel: +44 (0)7775 701 838
WH Ireland Limited
Adrian Hadden
James Sinclair-Ford
Matthew Chan
Tel: 020 7220 1666
Dowgate Capital Limited
Stephen Norcross
Tel: 020 3903 7715
IFC Advisory Limited
Graham Herring
Zach Cohen
Tel: 020 3934 6630
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014
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