Company Information for Watermark Global Plc

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Company Statement
Watermark Global plc was initially (Watermark) listed on AIM in February 2006 as Microfuze International plc (MFZ). In February 2008, MFZ changed its name to Watermark Global plc to reflect its focus on developing innovative environmental solutions in water management with a key focus on Acid Mine Drainage (AMD) in South Africa.
The company has developed a water treatment technology and commercialisation entity for application in a government mandated AMD clean-up programme in South Africa. This technology, is purpose-specific processing of AMD and is being developed on behalf of the mining interests to meet legislated requirements. Through Western Utilities Corporation, a wholly owned subsidiary of Watermark, the water will be treated to a drinkable standard, transported and sold to reduce dependence on the expensive and limited potable water reserves.
As the project scales up, it is anticipated that there will be an increase in demand from numerous additional industrial buyers of the treated water due to the fact that the existing natural water resources are over-subscribed by rapidly increasing residential demands, whilst the industrial base continues to expand. The pre-feasibility study indicated that the re-cycled water can be delivered at a very attractive and sustainable price.
Current Operations
Process Plants
The Council for Scientific Industrial Research Pilot Plant – Gypslim Plant
The Plant uses the Gypslim (Alkali, Barium, Calcium) process (patented, designed and operated by the CSIR) to produce potable quality water at a processing rate of one cubic metre per hour.
The By-Product Recovery Plant
The By-Product Recovery Plant will be designed, engineered and operated by the CSIR, Key Structure Holdings and Sulphidetech to process and isolate by-products produced by the Gypslim water treatment process.
Geographical Spread
South Africa
Board of Directors and Key Management
| Peter Ashley Marks | (Chairman) |
| Wilhelm Jacobus Schoeman | (Managing Director and CEO of Western Utilities Corporation) |
| Dirk Albertus Kotze | (Chief Financial Officer and Director) |
| Adam Gunn | (Non-executive Director) |
Company Address42 Queen Anne's Gate
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Additional Address/Key ContactPR contact |
CapitalJune 2009: 679,3 million shares in issue
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Annual General MeetingLondon |
Nominated BrokersCenkos Securities | Nominated AdvisorsCenkos Securities |
Major Shareholders
| Bell Potter Securities | 22.1% |
| Hargreave Hale | 14.7% |
| Queensland MM Prty | 8.8% |
| Peregrine Corporate | 6.2% |
| Savoy Investment Management | 5.9% |
| Hoodless Brennan | 4.4% |
| Wms de Broe Investment Management | 3.4% |
Related News
13/08/09 - Watermark Global Sets Out An Ambitious Timetable To Take Its Acid Mine Drainage Treatment Project Into Production By 201109/01/09 - Watermark Global Aims To Turn Acid Mine Drainage Into Drinking Water: Even The Greens Can’t Argue With That Idea
07/05/08 - Watermark Global Intends to Clean Up South Africa’s Acid Mine Drainage At A Profit
Most Recent Statement
21/12/09 - Watermark: Final Scoping Report Approval30/10/09 - Company update
05/10/09 - Update on Bankable Feasibility Study
09/09/09 - TIGHT DEADLINE’ FOR DECISIONS ON WITS BASIN ACID MINE DRAINAGE PLAN
01/09/09 - Issue of Equity
01/09/09 - Half-yearly Report



