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WATR - Water Intelligence News Story

260p -15.0  -5.5%

Last Trade - 03/04/20

Sector
Industrials
Size
Micro Cap
Market Cap £43.9m
Enterprise Value £42.3m
Revenue £24.1m
Position in Universe 1092nd / 1834

Water Intelligence - Transaction in Own Shares

Fri 27th December, 2019 7:01am
RNS Number : 0429Y
Water Intelligence PLC
27 December 2019
 

Water 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

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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