Inspired Energy PLC Issue of Equity (3284J)
March 29 2018 - 1:01AM
UK Regulatory
TIDMINSE
RNS Number : 3284J
Inspired Energy PLC
29 March 2018
28 March 2018
Inspired Energy plc
("Inspired" or the "Company")
Issue of Equity
Inspired Energy (AIM: INSE), a leading UK energy procurement
consultant to UK and Irish corporates and SMEs, announces that it
has made an application to the London Stock Exchange for the
admission to trading on AIM of 1,672,237 new ordinary shares of
0.125p each ("New Shares") to satisfy the exercise of options
granted under the Group's 2011 Share Option Scheme. 232,413 share
options were exercised at 3.00 pence each. 189,824 share options
were exercised at 4.25 pence each. 250,000 share options were
exercised at 8.75 pence each. 500,000 share options were exercised
at 10.75 pence each. 500,000 share options were exercised at 11.25
pence each.
The New Shares are expected to be admitted to trading on AIM on
5 April 2018.
Following this admission, the Group's share capital and total
voting rights comprises 573,736,924 ordinary shares of 0.125p each
and the Group does not hold any shares in treasury. Consequently,
573,736,924 is the figure which may be used by shareholders as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change to their
interest in, Inspired under the FCA's Disclosure and Transparency
Rules.
Enquiries:
Inspired Energy plc
Mark Dickinson, Chief Executive +44 (0) 1772 689250
Paul Connor, Finance Director www.inspiredenergy.co.uk
Shore Capital (Nomad Adviser
and Joint Broker)
Dru Danford
Edward Mansfield +44 (0) 20 7408 4090
James Thomas
Peel Hunt LLP (Joint Broker)
Mike Bell
Sam Cann +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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