Material Event Form 8 K

Item 8.01 Other Events

On October 1, 2024, Watts Water Technologies, Inc. (the "Registrant") publicly disclosed its intention for local management to begin consultations with the appropriate works council in regard to a project to close the foundry at its manufacturing facility in Hautvillers-Ouville, France and to relocate the facility's other production activities primarily to other facilities of the Registrant in France and other locations in Europe. The Registrant expects that the works council consultation process will last approximately three months, after which the local management team will present its proposal to the Registrant's Board of Directors, who will make a determination whether to approve the restructuring plan. If the Registrant's Board of Directors approves the restructuring plan, the charges expected to be incurred in connection with such plan are anticipated to be material to the Registrant.

​

This Current Report on Form 8-K includes "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, including statements relating to whether our Board of Directors will decide to approve the proposed restructuring plan, the timing of any such approval and the materiality of the expenses associated with the restructuring plan. You should not rely on forward-looking statements because our actual results may differ materially from those predicted as a result of a number of potential risks and uncertainties. These potential risks and uncertainties include, but are not limited to, compliance with all legal obligations under French law with respect to the proposed restructuring plan, approval of proposed social benefit plans by the appropriate labor authorities, the scope of the final restructuring plan, and other risks and uncertainties discussed under the heading "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC, as well as risk factors disclosed in our subsequent filings with the SEC. We undertake no duty to update the information contained in this Current Report on Form 8-K, except as required by law.

​

​

​