Inspired Energy PLC AGM Statement and Board Change (5328I)
June 20 2017 - 1:00AM
UK Regulatory
TIDMINSE
RNS Number : 5328I
Inspired Energy PLC
20 June 2017
20 June 2017
Inspired Energy plc
("Inspired" or the "Group")
AGM statement and Board Change
Inspired Energy (AIM: INSE), a leading UK energy procurement
consultant to UK corporates and SMEs, will hold its Annual General
Meeting today 10am at the offices of Gateley LLP, Ship Canal House,
98 King Street, Manchester, M2 4WU where Chairman, Michael
Fletcher, will provide the following update on current trading:
"I am pleased to note that Inspired continues to trade in line
with market expectations. The integration of both Flexible Energy
Management Limited and Churchcom Limited which the Group acquired
in April 2017 is progressing smoothly and the companies are
performing in line with the Board's expectations.
"I am also pleased to report that the Company's Procurement
Corporate Order Book had grown to GBP31.5m ("Order Book"), as at 31
May 2017. The Order Book remains a consistent guide to future
performance of the Group and provides strong visibility of revenues
for the next three years.
"We are also delighted to announce that Mark Dickinson, who
joined Inspired as a Non-executive Director in September 2016, will
today assume the role of Chief Operating Officer of the Group.
Mark's experience as an energy consultancy specialist, with over 20
years' experience of leading and advising companies in the sector,
will be invaluable to the Company's continued development. Mark was
previously CEO of M&C Energy Group where he led the buy and
build strategy completing four acquisitions before selling the
company to Schneider Electric in 2013. Inspired will look to
appoint a further non-executive director in due course."
Enquiries:
Inspired Energy plc
Janet Thornton, Chief Executive +44 (0) 1772 689250
Paul Connor, Finance Director www.inspiredenergy.co.uk
Shore Capital (Nomad and Joint
Broker)
Bidhi Bhoma
Edward Mansfield +44 (0) 20 7408 4090
Panmure Gordon (Joint Broker)
Ben Thorne
Erik Anderson +44 (0) 20 7886 2500
Gable Communications +44 (0) 20 7193 7463
Justine James +44 (0) 7525 324431
John Bick inspired@gablecommunications.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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