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Water Intelligence (WATR)

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Thursday 11 February, 2021

Water Intelligence

PDMR Dealing

RNS Number : 8115O
Water Intelligence PLC
11 February 2021
 

Water Intelligence plc (the "Company")

PDMR Dealing

The Company announces that it received notification on 10 February 2021 that Dr Patrick DeSouza, Executive Chairman of the Company, has, for personal estate and tax planning purposes, transferred 270,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") for nil consideration to a related trust, of which his immediate family is the sole beneficiary. Dr DeSouza is the trustee of one of the trusts and his wife is the trustee of the other.

Following these transfers, Dr DeSouza will hold 177,110 Ordinary Shares in his own name, but his beneficial interest in the Company remains unchanged. The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail on the transfers.

 

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

Ordinary Shares

 

 

GB00BZ973D04

b)

Nature of the transaction

Sale of Ordinary Shares

 

c)

Price(s) and volume(s)

270,000 Ordinary Shares sold at 0p each

d)

Aggregated information

n/a (single transaction)

 

- Aggregated volume

 

 

- Price

 

e)

Date of the transaction

10 February 2021

f)

Place of the transaction

Transfer of shares occurred outside a trading venue

 

1.

Details of the PDMR / person closely associated

a)

Name

The Patrick J. DeSouza 2020 Irrevocable Trust U/A Dtd 11/23/2020

2.

Reason for the notification

a)

Position / status

Person Closely Associated with Patrick DeSouza, Executive Chairman of Water Intelligence plc

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

Ordinary Shares

 

 

GB00BZ973D04

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

270,000 Ordinary Shares sold at 0p each

 

d)

Aggregated information

n/a (single transaction)

 

- Aggregated volume

 

 

- Price

 

e)

Date of the transaction

10 February 2021

f)

Place of the transaction

Transfer of shares occurred outside a trading venue

 

Enquiries:

Water Intelligence plc


Patrick DeSouza, Executive Chairman

Tel: +1 203 654 5426

Adrian Hargrave, VP Corporate Development

 

+44 (0)7775 701 838

WH Ireland Limited - NOMAD & Broker

Tel: +44 (0)207 220 1666

Adrian Hadden


James Sinclair-Ford


Matthew Chan




Dowgate Capital - Joint Broker

Tel: +44 (0)20 3903 7721

Stephen Norcross


 

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