Repayment of debt

Inspirit Energy Holdings PLC

02 January 2024

 

2nd January 2024

 Inspirit Energy Holdings plc

("Inspirit Energy", "Inspirit" or the "Company")

Repayment of debt

Inspirit Energy Holdings plc, the AIM listed developer of micro combined heat and power boilers and waste heat recovery, is pleased to announce that it repaid the short-term, un-secured debt of US$80,000 (approximately £65,624) that was drawn down on 8th December 2022 (see RNS of 8^th December 2022) and reflects the Company's total amount of indebtedness under the Facility.

The amount repaid was $107,717.35 ( approximately £84,830.17), which includes interest and financing costs as per the original agreement.

The board are pleased to reduce this debt and will provide further updates in due course.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.

More information on Inspirit Energy can be seen at: www.inspirit-energy.com

For further information please contact:

Inspirit Energy Holdings plc
John Gunn, Chairman and CEO	[phone]
Beaumont Cornish Limited  www.beaumontcornish.com (Nominated Advisor)
Roland Cornish / James Biddle	[phone]
Global Investment Strategy UK Ltd (Broker) Samantha Esqulant	[phone]

 

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