Issue of Equity

RNS Number : 3284J

Inspired Energy PLC

29 March 2018

 

28 March 2018

Inspired Energy plc

("Inspired" or the "Company")

Issue of Equity

Inspired Energy (AIM: INSE), a leading UK energy procurement consultant to UK and Irish corporates and SMEs, announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 1,672,237 new ordinary shares of 0.125p each ("New Shares") to satisfy the exercise of options granted under the Group's 2011 Share Option Scheme. 232,413 share options were exercised at 3.00 pence each. 189,824 share options were exercised at 4.25 pence each. 250,000 share options were exercised at 8.75 pence each. 500,000 share options were exercised at 10.75 pence each. 500,000 share options were exercised at 11.25 pence each.

The New Shares are expected to be admitted to trading on AIM on 5 April 2018.

Following this admission, the Group's share capital and total voting rights comprises 573,736,924 ordinary shares of 0.125p each and the Group does not hold any shares in treasury. Consequently, 573,736,924 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 FCA's Disclosure and Transparency Rules.

Enquiries:   

Inspired Energy plc Mark Dickinson, Chief Executive Paul Connor, Finance Director	[phone] www.inspiredenergy.co.uk
Shore Capital (Nomad Adviser and Joint Broker) Dru Danford Edward Mansfield James Thomas Peel Hunt LLP (Joint Broker) Mike Bell Sam Cann	[phone] [phone]
Gable Communications Justine James John Bick	[phone] [phone] [e-mail]

 

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