Company Information for Water Mark Global Plc

AIM-WET

www.watermarkglobalplc.com

Company stock charts - 12 Month chart

AIM; WET

View full financial data

Company Statement

Watermark Global plc was initially, 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 primary focus on Acid Mine Drainage in South Africa.

The company is currently testing which is the best water treatment technology to use and has established a commercialisation entity for application in a government mandated Acid Mine Drainage (AMD) clean-up programme in South Africa. It is expected that the technology, together with secured water sources and offtake agreements, will be in place by end 2008. The purpose-specific processing , is purpose-specific processing of AMD and is being developed to meet environmental requirements imposed upon the mining industry. Through a subsidiary of Watermark Global plc, the water will be treated, transported and sold back into industry to reduce dependence on the expensive and limited potable water reserves.

Significant quantities of by-products such as iron sponge, lime and sulphuric acid may also be recovered, leading to a zero effluent discharge. The immediate market for the treated water is assured through the direct participation of the mining companies involved in the project. 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 and the ever expanding industrial base. Early financial models indicate that the re-cycled water can be delivered at a very attractive and sustainable price.

Current Operations

The Council for Industrial & Scientific Research Pilot Plant – Gypslim Plant
The Gypslim Plant (operational since 5 March 2008) which uses the Gypslim process (patented, designed and operated by the CSIR) to produce “Industrial” quality water at a processing rate of one cubic metre per hour.

The Savmin Pilot Plant
The SAVMIN Plant (operational since 21 April 2008) uses the SAVMIN methodology (patented by Mintek and operated by Atomaer RSA (Pty) Ltd) to treat 4 cubic metres of AMD per hour to “industrial” quality standards.

The By-Product Recovery Plant
The By-Product Recovery Plant (operational since 10 March 2008 and designed, engineered and operated by the CSIR, Key Structure Holdings and Sulphidetech) which processes and isolates by-products produced by the SAVMIN and Gypslim water treatment processes.

Board of Directors and Key Management

Peter Ashley Marks (Chairman of Watermark Global plc)

Wilhelm Jacobus Schoeman (Managing Director and CEO of Western Utilities Corporation

Dirk Albertus Kotze (Chief Financial Officer and Director)

Company Address

42 Queen Anne's Gate
London, London, United Kingdom SW1H 9AP


Telephone:	+27 12 661 3602
Facsimile:	+27 86 647 1183
Email:	c.zorab[at]googlemail.com
Website:	http://www.watermarkglobalplc.com

Additional Address/Key Contact

PR contact
Charles Zorab
+44 207 233 1462

Capital

223,813,554 ordinary shares as at 8 May 2008

Additional Information

Annual General Meeting

27 June 2008, London

Nominated Brokers

Cenkos Securities

Nominated Advisors

Cenkos Securities

Major Shareholders

Pershing Keen Nominees Ltd. 37.8%

Carapace Pty Ltd 7.02%

HSBC Global Custody Nominee (UK) Ltd. 4.5%

Vidascos Nominees Ltd. 4.5%

HSBC Global Custody Nominees(UK) Ltd. 4.2%

Peregrine Corporate Ltd. 3.3%

Lonrho Africa (Holdings) Ltd. 3.1%

Euroclear Nominees Ltd. 3.0%

Most Recent Statement

29/08/08 - Interim Results for the Six Months Ended 30 June 2008
18/04/08 - MEETING AN ENVIRONMENTAL CHALLENGE WITH AN ENVIRONMENTAL SOLUTION
15/04/08 - EXPECTED FIRST RESULTS FROM THE WATER PROJECT FOR WESTERN UTILITIES CORPORATION

To top