Last checked at 2 Jun 2020 14:21
Inspired Energy plc
("Inspired Energy" or the "Group")
Share purchases by the Board
Inspired Energy (AIM: INSE), the leading consultant for energy procurement, utility cost optimisation and legislative compliance in the UK and Ireland, announces that the entire Board has today purchased shares in the Group. Details of the share purchases are set out in further detail in the tables below.
The revised holdings of the directors are as follows:
Director | Ordinary Shares purchased | Price paid per share (p) | Interest now held in the Group | % of issue share capital |
Mark Dickinson1 | 580,000 | 16.9 | 1,269,655 | 0.18% |
Paul Connor2 | 440,000 | 16.9 | 440,000 | 0.06% |
Michael Fletcher3 | 215,000 | 16.9 | 4,714,999 | 0.66% |
Richard Logan | 115,000 | 16.9 | 459,828 | 0.06% |
Gordon Oliver | 57,000 | 17.4 | 57,000 | 0.01% |
Notes:
1. Mark Dickinson is also interested in 3,300,000 vested share options under the LTIP scheme
2. Paul Connor is also interested in 1,650,000 vested share options under the LTIP scheme and 4,750,000 vested EMI Share Options
3. 215,000 Ordinary Shares held by Michael Fletcher's personal SIPP which made the purchase today and 4,499,999 held through Praetura Ventures (1) LLP, a limited liability partnership whose members include Mike Fletcher.
Enquiries please contact:
Inspired Energy plc Mark Dickinson (Chief Executive Officer) Paul Connor (Chief Financial Officer) | www.inspiredplc.co.uk +44 (0) 1772 689250
|
Shore Capital (Nominated Adviser and Joint Broker) Advisory Dru Danford / Edward Mansfield / James Thomas Broking Malachy McEntyre
| +44 (0) 20 7408 4090
|
Peel Hunt LLP (Joint Broker) Mike Bell Ed Allsopp
| +44 (0) 20 7418 8900 |
Alma PR Justine James Josh Royston | +44 (0) 20 3405 0205 +44 (0) 7525 324431 inspired@almapr.co.uk |
Full details as required under the Market Abuse Regulation are set out below.
Connected Persons
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Mark Dickinson | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Inspired Energy Plc | ||||
b)
| LEI
| 2138009UAKLCYEQPM829 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 0.125p each in Inspired Energy Plc
GB00B5TZC716. | ||||
b)
| Nature of the transaction | Purchase of shares | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 2 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON)
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Paul Connor | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Inspired Energy Plc | ||||
b)
| LEI
| 2138009UAKLCYEQPM829 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 0.125p each in Inspired Energy Plc
GB00B5TZC716. | ||||
b)
| Nature of the transaction | Purchase of shares | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 2 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON)
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Michael Fletcher by way of his SIPP | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Non-Executive Chairman | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Inspired Energy Plc | ||||
b)
| LEI
| 2138009UAKLCYEQPM829 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 0.125p each in Inspired Energy Plc
GB00B5TZC716. | ||||
b)
| Nature of the transaction | Purchase of shares | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 2 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON)
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Richard Logan | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Inspired Energy Plc | ||||
b)
| LEI
| 2138009UAKLCYEQPM829 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 0.125p each in Inspired Energy Plc
GB00B5TZC716. | ||||
b)
| Nature of the transaction | Purchase of shares | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 2 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON)
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Gordon Oliver | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Inspired Energy Plc | ||||
b)
| LEI
| 2138009UAKLCYEQPM829 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 0.125p each in Inspired Energy Plc
GB00B5TZC716. | ||||
b)
| Nature of the transaction | Purchase of shares | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 2 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON)
| ||||