Water Intelligence PLC Transaction in Own Shares and Total Voting Rights
March 28 2024 - 3:00AM
RNS Regulatory News
RNS Number : 5922I
Water Intelligence PLC
28 March 2024
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 27 March
2024, pursuant to the authority approved by shareholders at the
Company's Annual General Meeting dated 26 July 2023, the Company
purchased 5,000 ordinary shares of 1 penny each ("Ordinary Shares")
at a price of 317.5 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 joint
broker, Dowgate Capital, are set out below:
Date of Purchase
|
27 March 2024
|
Number of ordinary shares
purchased/aggregated volume
|
5,000
|
Highest price paid per ordinary
share
|
317.5p
|
Lowest price paid per ordinary
shares
|
317.5p
|
Volume weighted average price paid
per ordinary shares
|
317.5p
|
Time of transaction
|
08:16:02
|
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 89,000 Ordinary Shares in treasury. Therefore the
total number of voting rights in the Company is 19,478,688 ordinary
shares (divided into 17,398,688 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) 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 - NOMAD & Joint
Broker
|
|
Hugh Morgan
James Bavister
Isaac Hooper
|
Tel: 020 7220 1666
|
RBC
Europe Limited - Joint Broker
|
|
Rupert Walford
Elizabeth Evans
Daniel Saveski
|
Tel: 020 7653 4000
|
Dowgate Capital Limited - Joint Broker
Stephen Norcross
|
Tel: 020 3903 7715
|
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public
domain.
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END
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