Water Intelligence Announces Change in Investment Manager
Why we think this is neutral
This RNS announcement does not contain any major news that would significantly impact the company's performance or outlook. It simply states that the investment manager for one of Water Intelligence's shareholders has changed, with no change to the actual shareholding position.
Key Points
- Investment manager for major shareholder Amati AIM VCT plc has changed to Maven Capital Partners UK LLP
- Shareholder name has changed to Maven Renovar VCT plc, but no change to shareholding position
Summary
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, has announced that the investment manager for one of its major shareholders, Amati AIM VCT plc, has changed from Amati Global Investors Limited to Maven Capital Partners UK LLP. This has resulted in the shareholder's name changing to Maven Renovar VCT plc, but there has been no change to the position held in the company.