Grant of Options

RNS Number : 1809L

Inspired Energy PLC

17 July 2017

 

17 July 2017

Inspired Energy plc

("Inspired Energy" or the "Group")

Grant of options

Inspired Energy (AIM: INSE), a leading energy procurement consultant to UK corporates and SMEs, announces that the Board has today approved the grant of 8,525,000 options under the Company's 2011 Share Option Scheme to certain non-Board employees of the Company. The options have an exercise price of 18.125 pence. The options vest in two tranches following release of the Company's financial results for 31 December 2019 and 31 December 2020. The exercise price was set based on the closing mid-market price of the ordinary shares on 14 July 2017. The options vest subject to continued employment.

Enquiries please contact:

Inspired Energy plc Janet Thornton, Chief Executive Paul Connor, Finance Director	[phone] www.inspiredenergy.co.uk
Shore Capital (Nomad and Joint Broker) Bidhi Bhoma Edward Mansfield Panmure Gordon (Joint Broker) Ben Thorne Erik Anderson	[phone] [phone]
Gable Communications Justine James John Bick	[phone] [phone] [e-mail]

 

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