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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Qonnectis | LSE:QTI | London | Ordinary Share | GB00B61K8F13 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.225 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMQTI
RNS Number : 1718Q
Qonnectis plc
29 July 2010
29 July 2010
Qonnectis plc
("Qonnectis" or the "Company")
Result of General Meeting and satisfaction of conditions relating to the
acquisition of
American Leak Detection, Inc.
Further to the announcement on 7 July 2010 in relation to the Acquisition, the
Open Offer, the Waiver, change of name of the Company to Water Intelligence plc
and Admission, the Directors are pleased to announce that at the general meeting
held earlier today, all resolutions were duly passed without amendment.
In addition, the conditions relating to the Acquisition (save for Admission),
being, amongst others, the entry into and the drawdown under the Bank Facility
and repayment of the ALDHC Debt have been satisfied in full. Words and
expressions defined in the Company's Admission Document dated 7 July 2010 shall
have the same meaning in this announcement.
The name of the Company will be changed to Water Intelligence plc today.
Application has been made for a total of 8,987,053 New Ordinary Shares to be
admitted to trading on AIM and it is expected that these shares will begin
trading as Water Intelligence plc (Ticker: WATR) at 8.00 a.m. on Friday, 30 July
2010.
ENQUIRIES
+----------------------------------------------+---------------------+
| Qonnectis plc | |
+----------------------------------------------+---------------------+
| Harry Offer, Non-executive Chairman | Tel: +44 7887 753 |
| | 341 |
+----------------------------------------------+---------------------+
| Patrick DeSouza, Non-Executive Director | Tel: +1 203 654 |
| | 5426 |
+----------------------------------------------+---------------------+
| | |
+----------------------------------------------+---------------------+
| Merchant Securities Limited | |
+----------------------------------------------+---------------------+
| Bidhi Bhoma/David Worlidge | Tel: +44 20 7628 |
| | 2200 |
+----------------------------------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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