TIDMWATR

RNS Number : 5648S

Water Intelligence PLC

07 November 2023

Water Intelligence plc

(the "Group" or "Water Intelligence")

Director Change

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 a change to its board following on from its annual American Leak Detection ("ALD") Franchise Convention.

On October 17-21, franchisees and corporate leaders from the US, UK, Australia and Canada met in Charleston, South Carolina along with various product and service partners, and reaffirmed the Group's 2024 growth plan. Following on from the convention, the Group announces that Michael Reisman, Myres S. McDougal Professor of International Law at Yale, who has served on the board since its listing on AIM in 2010, is retiring from the board. The Group also announces that the highest producing franchisee of its operating business ALD, Phil Meckley, is succeeding Dr. Reisman as a Non-Executive Director.

Mr. Meckley currently owns fast-growing franchises in California and Texas. He brings over twenty years of operating experience in growing ALD locations and has provided significant leadership to the entire franchise system. In addition, Phil and his wife Robin have provided leadership with respect to ALD's charitable efforts to help disadvantaged communities in various parts of the world solve water infrastructure issues, most recently in rural India.

Executive Chairman, Patrick DeSouza, commented, "I would like to express my deep gratitude to Michael for his service to Water Intelligence and its shareholders in contributing to its strong development as a public company. He has provided clear guidance on building our international investor base and developing multinational growth opportunities.

I would also like to welcome Phil to the board. As our leading franchise operator, Phil brings a wealth of operating experience in all aspects of our business from driving organic growth by adding service vehicles across various geographies to delivering the highest level of customer service in working with our customers and national insurance partners. His operating experience will be especially valuable in helping us navigate current volatile market conditions. We look forward to an exciting 2024."

 
 Water Intelligence plc 
 Patrick DeSouza, Executive Chairman     Tel: +1 203 654 5426 
 WH Ireland Limited - NOMAD & Joint      Tel: +44 (0)20 7220 1666 
  Broker 
  Hugh Morgan 
  James Bavister 
 RBC Capital Markets - Joint Broker      Tel: +44 (0)20 7653 4000 
 Rupert Walford 
  Elizabeth Evans 
  Daniel Saveski 
                                           Tel: +44 (0)20 3903 7715 
   Dowgate Capital Ltd - Joint Broker 
   Stephen Norcross

Additional disclosures required under the AIM Rules for Companies

Pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for Companies, Philip Sherman Meckley, age 65, owns no ordinary shares in the Company and is, or has during the last five years, been a director or partner of the following companies and partnerships:

 
 Current Directorships or       Previous Directorships or 
  Partnerships                   Partnerships 
 
   ALDOC, Inc.                    ALDHI, Inc. 
   American Leak Detection of 
   Houston, Inc. 
   ALDSD, Inc. 
   ALDSLO LLC 
   PRPB Holdings, Inc. 
   Meckley United, LLC

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November 07, 2023 02:00 ET (07:00 GMT)

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