Inspired Regulatory News (INSE)

27 March 2017

Inspired Energy plc

("Inspired Energy" or the "Group")

Appointment of Non-Executive Director

Inspired Energy (AIM: INSE), a leading UK energy procurement consultant to UK corporates and SMEs, is pleased to announce the appointment of Richard Logan as an independent Non-Executive Director with immediate effect.

Richard Logan is a chartered accountant with 30 years' experience of working in industry. He is the Finance Director of cloud computing company, iomart Group plc (AIM: IOM), a position he has held since 2006.

Prior to that, having qualified with Ernst and Young in 1984, he has held senior roles with Ben Line Group, a shipping and oil company and Kingston SCL Limited, a provider of mobile phone billing software where he was involved in a private equity backed management buyout and subsequent trade sale.

Richard holds a BA in accountancy from Stirling University and in 2013 was Smaller Quoted FD of the Year at the FD's Excellence Awards.

Richard Logan will chair the audit committee and become a member of the nominations committee. Mark Dickinson remains chair of the nominations committee.

Commenting on the Board changes, Janet Thornton, CEO said: "We would like to welcome Richard as an independent member of the Board, who brings his years' of finance and quoted company experience to the Board as we look forward to another year of significant growth and development."

Enquiries:

Additional Information, as required under Schedule 2 (g) of the AIM Rules.

(i) Richard Strachan Logan aged 59, is currently a director or partner of:

(ii) Richard Logan has not be been a director or partner any other company in the past five years of the following companies or partnerships:

(iii) Richard was a director of TelesensKSCL (Holdings) Limited and TelesensKSCL Limited when they went into receivership in 2002, and of TelesensKSCL AG, TelesensKSCL GmbH and SBK Software GmbH when they became insolvent in 2002. 

(iv) Richard Logan has confirmed that there is no other additional information to be disclosed under Schedule 2 (g) of the AIM Rules in respect of his own disclosures.