Last checked at 17 Jul 2017 07:00
17 July 2017
Inspired Energy plc
("Inspired Energy" or the "Group")
Grant of options
Inspired Energy (AIM: INSE), a leading energy procurement consultant to UK corporates and SMEs, announces that the Board has today approved the grant of 8,525,000 options under the Company's 2011 Share Option Scheme to certain non-Board employees of the Company. The options have an exercise price of 18.125 pence. The options vest in two tranches following release of the Company's financial results for 31 December 2019 and 31 December 2020. The exercise price was set based on the closing mid-market price of the ordinary shares on 14 July 2017. The options vest subject to continued employment.
Enquiries please contact:
Inspired Energy plc Janet Thornton, Chief Executive Paul Connor, Finance Director
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+44 (0) 1772 689250 www.inspiredenergy.co.uk |
Shore Capital (Nomad and Joint Broker) Bidhi Bhoma Edward Mansfield
Panmure Gordon (Joint Broker) Ben Thorne Erik Anderson
| +44 (0) 20 7408 4090
+44 (0) 20 7886 2500
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Gable Communications Justine James John Bick | +44 (0) 20 7193 7463 +44 (0) 7525 324431 inspired@gablecommunications.com |