QTI Qonnectis

 

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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