Grant of Options

RNS Number : 6569X

Inspired Energy PLC

15 January 2014

 



15 January 2014

Inspired Energy plc

("Inspired Energy" or the "Company")

Grant of Options

Inspired Energy (AIM: INSE), a leading UK energy procurement consultant to UK corporates, announces that it has issued a total of 5,050,000 options ("Options") over ordinary shares of 0.125p in the capital of the Company ("Ordinary Share") to certain employees, in accordance with the rules of the Company's share option scheme.

The Options will be exercisable at 8.75 pence per Ordinary Share, being the closing mid-market price of the Company's Ordinary Shares on 14 January 2014. The Options will become exercisable in four equal tranches on the following dates:

·     the date on which the Company publishes its audited accounts for the year ending 31 December 2014;

·     the date on which the Company publishes its interim accounts for the six months ending 30 June 2015;

·     the date on which the Company publishes its audited accounts for the year ending 31 December 2015; and

·     the date on which the Company publishes its interim accounts for the six months ending 30 June 2016.

Enquiries

Inspired Energy plc Janet Thornton, Chief Executive David Foreman, Finance Director	[phone] [phone] www.inspiredenergy.co.uk
Shore Capital Bidhi Bhoma Edward Mansfield	[phone]
Gable Communications Justine James John Bick	[phone] [phone] [e-mail]

Notes to editors

Inspired Energy plc is an energy procurement and management business which was founded in 2000 by Managing Director, Janet Thornton.  Through optimising energy procurement on behalf or its clients Inspired enables its clients to achieve greater certainty of their energy costs and in many cases delivers significant savings.

 

END

 

 

IOEDZLFFZFFXBBZ