Pure Cycle Corporation Appoints Daniel J. Roller to Board of Directors
| Source: GlobeNewsWire
Key Appointment Strengthens the Board at PCYO
Pure Cycle Corporation (NASDAQ: PCYO), a leading provider of water and wastewater services, has announced the appointment of Daniel J. Roller as an independent director on its Board, effective January 14, 2026. This addition expands the Board from seven to eight members and is a strategic move to enhance governance at Pure Cycle.
Collaboration with Maran Capital Management
This appointment was made in collaboration with Maran Capital Management, LLC, which holds approximately 14.7% of Pure Cycle’s common shares. The partnership aims to integrate new skills into the Board and establish a Strategy and Capital Allocation Committee, which will be chaired by Mr. Roller.
“We appreciate our constructive engagement with Pure Cycle and its desire to bring additional capabilities and perspectives to its Board,”
— Daniel J. Roller, President of Maran
Mr. Roller expressed optimism about the future, highlighting Pure Cycle's unique assets, including the Sky Ranch development and a comprehensive portfolio of water resources.
About Daniel J. Roller
Mr. Roller is the Founder, President, and Chief Investment Officer of Maran Capital Management, founded in 2015. His firm focuses on concentrated, long-term investments in publicly traded small-cap companies. With over 20 years of investment experience, he has advised numerous public and private entities on mergers and acquisitions, capital allocation, and corporate governance.
Mr. Roller holds a B.S.E. in Electrical Engineering and Computer Science from Duke University.
Pure Cycle's Business Overview
Pure Cycle continues to enhance its operational strength, balance sheet, and recurring revenue streams. The company operates in three complementary business segments:
- Wholesale Water and Wastewater Services: As an innovative provider in this sector.
- Land Development: Launched in 2017, this segment focuses on developing master-planned communities.
- Single-Family Home Rentals: Initiated in 2021 at Sky Ranch, offering long-term revenue streams and increasing customer engagement in water services.
Additional Information and Contacts
For more details about Pure Cycle and its financial performance, including recent press releases and SEC filings, visit www.purecyclewater.com. Investors can also reach out to:
- Mark W. Harding, President
- Marc Spezialy, CFO
Contact: 303-292-3456 or info@purecyclewater.com
Forward-Looking Statements
This announcement contains forward-looking statements as defined by Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements address expected future activities and outcomes related to Pure Cycle, which may be subject to uncertainties.
Potential impacts include, but are not limited to, changes in mortgage interest rates, inflation, and housing market conditions. For detailed risk factors, refer to Part I, Item 1A of the Annual Report on Form 10-K for the fiscal year ended August 31, 2025.