Holding(s) in Company

RNS Number : 5845U

Inspired Energy PLC

25 November 2019

 

Inspired Energy plc

("Inspired" or the "Company")

Holdings in Company

Inspired (AIM: INSE), a leading energy consultant to UK and Irish corporates, announces that it has today been notified that Matthew Thornton, a former Director of Inspired, has sold his entire holding of a total of 38,408,577 ordinary shares in the Company to satisfy institutional demand. As a result, Matthew Thornton no longer has an interest in the Company.

Enquiries:   

Inspired Energy plc Mark Dickinson, Chief Executive Paul Connor, Chief Financial Officer	[phone] www.inspiredplc.co.uk
Shore Capital (Nomad and Joint Broker)	[phone]
Dru Danford Edward Mansfield James Thomas
Peel Hunt LLP (Joint Broker) Mike Bell Ed Allsopp	[phone]
Alma PR Justine James	[phone] [phone] [e-mail]

TR-1: Standard form for notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Inspired Energy Plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Matthew Thornton
City and country of registered office (if applicable)			London, England
4. Full name of shareholder(s) (if different from 3.)v
Name			Pershing Securities Limited (via Pershing Nominees Limited)
City and country of registered office (if applicable)			Liverpool, England
5. Date on which the threshold was crossed or reachedvi:			25/11/2019
6. Date on which issuer notified (DD/MM/YYYY):			25/11/2019
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	Zero	0		Zero	713,973,440
Position of previous notification (if applicable)	5.38%	-		5.38%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary GB00B5TZC716		N/A		-			N/A		-
SUBTOTAL 8. A		Not disclosable					Not disclosable
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)				X
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Matthew Thornton	Zero	-	Zero
10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A
11. Additional informationxvi

Place of completion	Cassini House, London, SW1A 1LD
Date of completion	25/10/2019

 

END

 

 

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