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Inspirit Energy Issues Shares To Settle Professional Fees

Thu, 18th Sep 2014 08:48

LONDON (Alliance News) - Inspirit Energy Holdings PLC Thursday said it would issue 3.4 million shares as a settlement for professional fees, sending shares in the company higher.

Inspirit shares were trading 4.8% higher at 1.572 pence Thursday morning.

The company said its enlarged issued share capital would be 658.6 million following the issue.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.

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