Modern Water : Posting of Circular and Notice of General Meeting

RNS Number : 2106B

Modern Water PLC

28 January 2020

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES , AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. THE SECURITIES DISCUSSED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "US SECURITIES ACT") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE US SECURITIES ACT.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014 (MAR). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

For immediate release

28 January 2020

Modern Water plc

Posting of Circular and Notice of General Meeting

Modern Water Plc (AIM: MWG) ("Company"), the pioneering and innovative technology company, specialising in membrane water treatment solutions and advanced monitoring products, today confirms that, following its announcement on24 January 2020, the Circular setting out details of the proposed Placing and giving notice of a General Meeting to approve the Resolutions has today been posted to Shareholders.

The General Meeting will be held at the offices ofMichelmores LLP, 12th Floor, 6 New Street Square London EC4A 3BF at10.00am on 14 February 2020.

The Circular will shortly be made available on the Company's website atwww.modernwater.com.

Following the completion of the book build of the Placing the Company have been informed by TPI that Helium Rising Stars Fund has agreed to subscribe for 100,000,000 Placing Shares, constituting approximately 19.89% of the Enlarged Issued Share Capital.

Unless the context requires otherwise, definitions used in this announcement will have the same meaning as ascribed to them in the Circular.

Contacts:
Modern Water plc	[phone]
Simon Humphrey, Chief Executive
Cairn Financial Advisers LLP (Nominated	[phone]
Adviser)
Sandy Jamieson/Tony Rawlinson
Ludovico Lazzaretti
Turner Pope Investments (TPI) Limited	[phone]
(Broker and placing agent)
Andy Thacker / Zoe Alexander

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