Water Intelligence

Exercise of Share Options and Total Voting Rights

RNS Number : 7599K
Water Intelligence PLC
30 August 2019
 

Water Intelligence plc

("Water Intelligence", the "Company" or the "Group")

 Exercise of Share Options

Total Voting Rights

 

Exercise of options

Water Intelligence plc (AIM: WATR), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water, announces the exercise of options held by employees of the Company (the "Option Exercise") in respect of a total of 40,000 new ordinary shares of 1 pence each in the Company (the "New Ordinary Shares"). The exercise price of the options is 100 pence each.

Application has been made to the London Stock Exchange for a total of 40,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur on 2 September 2019. The New Ordinary Shares will rank pari passu with the existing ordinary shares in the Company.

Total voting rights

Following Admission, the issued share capital of the Company is 16,987,371 shares, divided into 14,762,371 ordinary shares of 1 penny each which are admitted to trading on AIM and which 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 to holder to one vote per ordinary share, but no economic rights; and 25,000 Ordinary Shares held by the Company in Treasury.  Accordingly, the Company's total voting rights are 16,962,371 shares. This total voting rights number may be used by shareholders at Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance 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

Miles Nolan

Zach Cohen

Tel: 020 3934 6630

 

 

 


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