20 June 2018
Inspired Energy plc
("Inspired" or the "Group")
AGM statement and Notice of Results
Inspired Energy (AIM: INSE), a leading UK energy procurement consultant to UK and Irish corporates and SMEs, will hold its Annual General Meeting today at 10am at the offices of Gateley Plc, 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 report that Inspired has continued to build on a strong 2017 as we continue to deliver on our stated growth strategy and are trading in line with market expectations in the first half of 2018. Our client offering has been further enhanced by the acquisition and integration of Systemslink 2000 Limited and Energy Cost Management Limited, which the Group acquired in March 2018. Integration is progressing well and the companies are performing in line with the Board's expectations.
"In the first half of the year the board also implemented a LTIP to further incentivise senior management to deliver long term value to investors. Acquisitions continue to strengthen our offering for clients and we move into the second half with confidence building on our established and robust platform with a strong team in place to drive the Group to the next stage of development."
Inspired Energy expects to announce its unaudited half year results to 30 June 2018 on 4 September 2018.
Enquiries:
Inspired Energy plc Mark Dickinson, Chief Executive Paul Connor, Finance Director
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+44 (0) 1772 689250 |
Shore Capital (Nomad and Joint Broker) Dru Danford Edward Mansfield James Thomas
Peel Hunt LLP (Joint Broker) Mike Bell Sam Cann
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+44 (0) 20 7408 4090
+44 (0) 20 7886 2500
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Gable Communications Justine James John Bick |
+44 (0) 20 7193 7463 +44 (0) 7525 324431 |