RNS Number : 6662W
Water Intelligence PLC
19 August 2022
 

Water Intelligence plc

  ("Water Intelligence" or the "Company")

 Transaction in Own Shares and Total Voting Rights

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 19 August 2022, pursuant to the authority approved by shareholders at the Company's Annual General Meeting dated 11 July 2022, the Company purchased 70,000 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 830.1 pence (the "Transaction").

Summary of Trades

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (which forms part of domestic law pursuant to the European Union (Withdrawal) Act 2018), details of the purchase of its own ordinary shares by Water Intelligence, which were all executed through the Company's broker, Dowgate Capital are set out below:

Date of Purchase

19 August 2022

Number of ordinary shares purchased/aggregated volume

70,000

Highest price paid per ordinary share

830.1p

Lowest price paid per ordinary shares

830.1p

Volume weighted average price paid per ordinary shares

830.1p

Time of transaction

09:52

Trading Venue

London Stock Exchange

 

Total Voting Rights

The Ordinary Shares which have been purchased will be held in treasury. Following the Transaction, the Company holds 129,000 Ordinary Shares in treasury. The total number of voting rights in the Company is 19,438,688.  There are 17,358,688 Ordinary Shares, which are admitted to trading on AIM and entitle the holder to one vote per Ordinary Share and 2,080,000 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. The shares held in Treasury are excluded from this calculation on voting 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)

 

 

Tel: +1 203 654 5426

WH Ireland Limited


Chris Hardie

Ben Good

Tel: 020 7220 1666

 

RBC Europe Limited


Jill Li

Daniel Saveski

Tel: 020 7653 4000

 

Dowgate Capital Limited

Stephen Norcross

 

 

Tel: 020 3903 7715

 

 

 

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