Issue of Options

RNS Number : 0956P

Water Intelligence PLC

07 February 2023

 

Water Intelligence plc  

Issue of Options

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 pursuant to in lieu of 2022 fees to directors and certain employees, it has granted options, exercisable at 660 pence each, the closing mid-market share price on the last trading day of 2022, representing a 13.4 per cent. premium to the closing mid-market price of the Company's Ordinary Shares on 6 February 2023 of 582 pence. These options carry a vesting period of 4 years, Full detail of the option grants are outlined below. In addition, the Group has granted a further 45,000 options on the same terms to certain employees.

Director	Options Issued	Total Options held	Total Voting Rights (% of Company)
Patrick DeSouza	30,000	105,000	4,987,110 (25.7%)
Michael Reisman	15,000	140,000	184,126 (1.0%)
Laura Hills	15,000	130,000	120,757 (0.6%)
Bobby Knell	30,000	55,000	27,000 (0.1%)
Dan Ewell	15,000	215,000	22,659 (0.1%)

Water Intelligence plc Patrick DeSouza, Executive Chairman    Tel: [phone] Maria McDonald, Director, Communications   Tel: [phone] RBC Capital Markets - Joint Broker   Tel: [phone] Rupert Walford Daniel Saveski WH Ireland Limited - NOMAD & Joint Broker     Tel: [phone]   Hugh Morgan James Bavister Dowgate Capital Ltd - Joint Broker    Tel:  [phone] Stephen Norcross

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)	30,000 options at an exercise price of 660 pence
d)	Aggregated information	See above
	- Aggregated volume
	- Price
e)	Date of the transaction	7 February 2023
f)	Place of the transaction	London Stock Exchange, AIM Market

1.	Details of the PDMR / person closely associated
a)	Name	Michael Reisman
2.	Reason for the notification
a)	Position / status	Independent 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)	15,000 options at an exercise price of 660 pence
d)	Aggregated information	See above
	- Aggregated volume
	- Price
e)	Date of the transaction	7 February 2023
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)	15,000 options at an exercise price of 660 pence
d)	Aggregated information	See above
	- Aggregated volume
	- Price
e)	Date of the transaction	7 February 2023
f)	Place of the transaction	London Stock Exchange, AIM Market

1.	Details of the PDMR / person closely associated
a)	Name	Bobby Knell
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 660pence
d)	Aggregated information	See above
	- Aggregated volume
	- Price
e)	Date of the transaction	7 February 2023
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)	15,000 options at an exercise price of 660 pence
d)	Aggregated information	See above
	- Aggregated volume
	- Price
e)	Date of the transaction	7 February 2023
f)	Place of the transaction	London Stock Exchange, AIM Market

 

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