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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March 29, 2018 02:01 ET (06:01 GMT)

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