25th Mar 2026 07:00
Water Intelligence plc (AIM: WATR.L)
Issue of Options
Water Intelligence plc (AIM: WATR.L) (the "Group" or "Water Intelligence"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water announces that as in previous years, the directors have agreed to take their Board fees in options rather than cash.
Therefore, the Board has issued 385,000 options to directors, PDMRs and employees as follows:
Recipient | Options Issued | Total Options held | Total Voting Rights (% of Company) |
Patrick DeSouza | 75,000 | 300,000 | 4,874,760 (25.7%) |
Laura Hills | 50,000 | 250,000 | 130,373 (0.7%) |
Dan Ewell | 50,000 | 350,000 | 41,320 (0.2%) |
Phil Meckley | 30,000 | 60,000 | 2,050 (0.0%) |
Will Knell | 50,000 | 275,000 | 2,050 (0.0%) |
Other employees | 130,000 |
The exercise price is 300 pence, representing a 17.6 per cent. premium to the closing price on 23 March 2026. The options have a three year vesting period and are capable of exercise for up to 10 years from the date of issue.
Enquiries:
Water Intelligence plc
Laura Bass, Director, Strategic Finance Tel: Tel: +1 203 584-8240
Grant Thornton UK LLP - Nominated Adviser Tel: +44 (0) 20 7383 5100
Philip Secrett
Harrison Clarke
Ciara Donnelly
Canaccord Genuity Limited - Joint Broker Tel: + 44 (0)207 523 8000
Simon BridgesHarry Gooden
Elizabeth Halley-Stott
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) | 75,000 options at an exercise price of 300 pence |
d) | Aggregated information | See above |
- Aggregated volume | ||
- Price | ||
e) | Date of the transaction | 23 March 2026 |
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) | 50,000 options at an exercise price of 300 pence |
d) | Aggregated information | See above |
- Aggregated volume | ||
- Price | ||
e) | Date of the transaction | 23 March 2026 |
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) | 50,000 options at an exercise price of 300 pence |
d) | Aggregated information | See above |
- Aggregated volume | ||
- Price | ||
e) | Date of the transaction | 23 March 2026 |
f) | Place of the transaction | London Stock Exchange, AIM Market |
1. | Details of the PDMR / person closely associated | |
a) | Name | Phil Meckley |
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 300 pence |
d) | Aggregated information | See above |
- Aggregated volume | ||
- Price | ||
e) | Date of the transaction | 23 March 2026 |
f) | Place of the transaction | London Stock Exchange, AIM Market |
1. | Details of the PDMR / person closely associated | |
a) | Name | Will Knell |
2. | Reason for the notification | |
a) | Position / status | CEO, American Leak Detection |
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) | 50,000 options at an exercise price of 300 pence |
d) | Aggregated information | See above |
- Aggregated volume | ||
- Price | ||
e) | Date of the transaction | 23 March 2026 |
f) | Place of the transaction | London Stock Exchange, AIM Market |
Related Shares:
Water Intel.