Waterlogic : Annual Report and Accounts and Notice of AGM

Annual Report and Accounts and Notice of AGM

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Date:	13th May 2014
On behalf of:	Waterlogic Plc("Waterlogic", the "Company" or the "Group")
Embargoed until:         0700hrs

Waterlogic Plc

Annual Report and Accounts and Notice of AGM

Waterlogic Plc (AIM: WTL.L),  a leading designer, manufacturer, global distributor and operator 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 theyear ended 31 December 2013  together with the Notice of Annual General Meeting and Form of Proxy have today beenposted to shareholdersof 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 atwww.waterlogic.com.

The Annual GeneralMeeting of the Company will be held at The Hilton Dublin Airport Hotel, Northern Cross, Malahide Road, Dublin D17, Ireland at 1100hrs on 11 June 2014.

Enquiries: 

Waterlogic Plc Jeremy Ben-David, Group Chief Executive Officer Robert Bell, Chief Financial Officer	Via Redleaf Polhill
Liberum(Nominated Adviser andBroker)       Steve Pearce Richard Bootle   Redleaf Polhill Rebecca Sanders Hewett / Charlie Geller / David Ison	Tel: [phone] Tel: [phone] [e-mail]

Notes to editors:

Waterlogic Plc

Waterlogic Plc (AIM: WTL.L) is a leading designer, manufacturer, distributor and operator 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™ 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™ 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™ 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 thatinhibits 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 over 50 countries around the world.

Our POU water dispensers are currently 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 and France), Scandinavia, Australia and the UK.Of the 2.1 million new POU and bottled water installations in the commercial market in the USA and Europe between 2005 and 2012, approximately 77% incorporated POU technology, of which approximately 29% were Waterlogic products.

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 2013, the Group generated revenues and adjusted EBITDA (adjusted for share based incentives, capital reorganisation related costs, corporate reorganisation costs, acquisition and integration related costs and amortisation of acquired intangibles) of USD 124.0 million and USD 19.5 million, respectively, and had approximately 750,000 machines installed as at 31 December 2013.

As part of Waterlogic's on-going commitment to providing safe water, the Group has pledged to donate USD 225,000 over the three years from 2012 to 2014 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: 

This information is provided by RNS

The company news service from the London Stock Exchange

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