Waterlogic PLC Annual Financial Report and Notice of AGM (3968E)
10 Mai 2013 - 8:00AM
UK Regulatory
TIDMWTL
RNS Number : 3968E
Waterlogic PLC
10 May 2013
Date: 10 May 2013
On behalf of: Waterlogic Plc ("Waterlogic", the "Company"
or the "Group")
Embargoed until: 0700hrs
Waterlogic Plc
("Waterlogic", the "Company" or the "Group")
ANNUAL REPORT AND ACCOUNTS
Waterlogic Plc (AIM: WTL.L), a leading designer, manufacturer
and global distributor of point-of-use ("POU") drinking water
purification and dispensing systems, confirms that, in accordance
with Rule 20 of the AIM Rules, copies of its Annual Report and
Accounts for the year ended 31 December 2012 together with the
Notice of Annual General Meeting and Form of Proxy have been posted
to shareholders of the Company.
Copies of the Annual Report and Accounts and the Notice of
Annual General Meeting are available for download from the
Company's website at www.waterlogic.com.
The Annual General Meeting of the Company will be held at The
Hilton Dublin Airport Hotel at 1100hrs on 5 June 2013.
Enquiries:
Waterlogic Plc Via Redleaf Polhill
Jeremy Ben-David, Group Chief Executive
Officer
Liberum Capital (Nominated Adviser Tel: +44 (0)20 3100
and Broker) 2000
Steve Pearce
Richard Bootle
Redleaf Polhill
Rebecca Sanders Hewett / Emma Kane Tel: 0207 382 4730
/ David Ison waterlogic@redleafpr.com
Notes to editors:
Waterlogic Plc
Waterlogic Plc (AIM: WTL.L) is a leading designer, manufacturer
and distributor of mains attached point-of-use ("POU") drinking
water purification and dispensing systems designed for environments
such as offices, factories, hospitals, hotels, schools, restaurants
and other workplaces. Waterlogic is a Jersey registered company.
Waterlogic's products and services are built on the simple vision
of a three stage approach to purity:
1. Filtration to remove unwanted contaminants, chlorine and
other water-borne tastes and odours.
2. Waterlogic's Firewall(TM) ultra-violet (UV) technology is one
of the most effective water purification technologies for POU water
dispenser applications currently on the market and its dispensers
are certified by the Water Quality Association as being able to
guarantee 99.9999% pure water 100% of the time, a fact which has
been confirmed by over 5,000 physical tests in independent
laboratories. The innovative Firewall(TM) technology incorporates a
highly-specialised, compact UV system in the faucet/tap, which
ensures that water passes through the UV system immediately before
it is dispensed into a cup. This point of differentiation for
Firewall(TM) is unique in the POU market.
3. BioCote silver antimicrobial protection. Plastic surfaces
surrounding dispensing areas of Waterlogic units are infused with a
silver additive called BioCote, a natural anti-microbial that
inhibits the growth of microorganisms, giving yet another layer of
hygienic defence.
Founded in 1992, Waterlogic was one of the first companies to
introduce POU systems to Europe and has been a leader in the POU
market in terms of product design and quality, the application of
new technologies and in sales and service. Waterlogic has an
extensive and expanding independent global distribution network in
place, reaching 52 countries around the world.
Waterlogic products are currently being sold in North and South
America, Europe, Asia, Australia and South Africa. Waterlogic's
leading markets are the USA and Western Europe, in particular
Germany, France, Scandinavia and the UK. Of the 1.9 million new POU
and bottled water installations in the business-to-business market
in the USA and Europe between 2005 and 2011, approximately 73%
incorporated POU technology.
The Directors believe that the movement away from bottled water
coolers (BWC) to POU water dispensers is set to continue its
current trend as a result of cost, convenience, health benefits and
environmental considerations.
For the financial year ended 31 December 2011, the Group
generated revenues and adjusted EBITDA (adjusted for share based
incentives expense, capital reorganisation related costs and
acquisition related costs) of USD 84.9 million and USD 13.4
million, respectively, and had approximately 595,000 machines
installed as at 30 June 2012.
As part of Waterlogic's on-going commitment to providing safe
water, the Group has pledged to donate USD 225,000 over the next
three years to WaterAid. WaterAid is a renowned international
non-profit organisation that transforms lives by improving access
to safe water, hygiene and sanitation in the world's poorest
countries. Since 1981 WaterAid has reached 15.9 million people
globally with safe water. Website: www.wateraidamerica.com
Website: www.waterlogic.com
- ENDS -
This information is provided by RNS
The company news service from the London Stock Exchange
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