Close of Bookbuild

RNS Number : 2482F

Water Intelligence PLC

14 July 2021

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Water Intelligence plc

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

Close of Bookbuild

Water Intelligence, a leading provider of minimally invasive leak detection and remediation services for both potable and non-potable water, announces that further to the announcement made earlier today, the Placing has now closed following strong institutional demand and the bookbuild has been successfully concluded.

A further announcement will be made in due course confirming final details of the Fundraising. Participants in the Fundraising will be contacted by the Bookrunners as soon as practicable to confirm their allocations.

It is expected that the trade date for the Placing will be today, 14 July 2021, and that the settlement date will occur on a T+3 basis, being 19 July 2021.

Save as otherwise defined, capitalised terms used in this announcement have the meanings given to them in the announcement released by the Company at 7.00 a.m. on 14 July 2021.

Enquiries:

Water Intelligence plc

Patrick DeSouza, Executive Chairman

Tel: [phone]

WH Ireland Limited - NOMAD & Joint Broker and Bookrunner

Adrian Hadden

James Sinclair-Ford

Matthew Chan

Tel: [phone]

Dowgate Capital Ltd - Joint Broker and Bookrunner

Stephen Norcross

Tel:  [phone]

 

END

 

 

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