Issue of Equity

RNS Number : 8173I

Inspired Energy PLC

04 June 2014

 

Inspired Energy plc

("Inspired" or the "Group")

Issue of Equity

The Group announces that it has, today, made an application to the London Stock Exchange for the admission to trading on AIM of 2,777,547 new ordinary shares of 0.125p each ("New Shares") to satisfy institutional demand for stock. 

The sale is being satisfied by the exercise of options granted under the Group's 2011 Share Option Scheme. 1,541,047 share options were exercised at 3.00 pence each. 1,236,500 share options were exercised at 4.25 pence each.

The New Shares are expected to be admitted to trading on AIM on 10 June 2014.

Following this admission, the Group's share capital and total voting rights comprises 417,108,504 ordinary shares of 0.125p each and the Group does not hold any shares in treasury. Consequently, 417,108,504 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 FSA's Disclosure and Transparency Rules.

For further information, please contact:   

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

 

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