6 Sep 2024 07:00
6 September 2024
Insig AI plc
("Insig AI" or the "Company")
PDMR dealings
Insig AI plc (AIM: INSG), the data science and machine learning group, has been notified that, Richard Bernstein, Chief Executive Officer of the Company, has purchased 400,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 12.69 pence per Ordinary Share. Following the purchase, Mr Bernstein's shareholding stands at 22,203,380 Ordinary Shares, which represents 18.94% of Insig AI's current total voting rights.
In addition the Company has been notified that Sophie Wilson, a person closely associated with John Wilson, Independent Non-Executive Chairman of the Company, has also purchased 400,000 Ordinary Shares at a price of 13.06 pence per Ordinary Share. Following the purchase, John Wilson and his closely related persons' shareholding is 2,300,000 Ordinary Shares in Insig AI, which represents 1.95% of Insig AI's current total voting rights.
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For further information, please visitΒ www.insg.aiΒ or contact:
Insig AI plc | Β |
Richard Bernstein, CEO | richard.bernstein@insg.ai |
ZeusΒ (Nominated Adviser & Broker) David Foreman / James Hornigold | +44 (0) 203 829 5000 Β |
NotificationΒ andΒ publicΒ disclosure ofΒ transactionsΒ byΒ personsΒ discharging managerial responsibilitiesΒ andΒ personsΒ closelyΒ associatedΒ withΒ them:
1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | NameΒ Β | Richard Bernstein | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | Chief Executive Officer | |||
b) Β | Initial notification /AmendmentΒ Β | Initial Notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name
| Insig AI plc | |||
b) Β | LEI
| 21380098CKBAG1NWCD98 | |||
4 Β | 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 Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary Shares of 1 pence each | |||
Identification code | GB00BYV31355 | ||||
b) Β | Nature of the transaction
| Purchase of shares Β | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
12.69 pence | 400,000 Β | ||||
d) Β | Aggregated information | N/A single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e) Β | Date of the transaction
| 5 September 2024 | |||
f) Β | Place of the transactionΒ Β | London Stock Exchange | |||
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1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | NameΒ Β | Sophie Wilson | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | Person closely associated to John Wilson | |||
b) Β | Initial notification /AmendmentΒ Β | Initial Notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name
| Insig AI plc | |||
b) Β | LEI
| 21380098CKBAG1NWCD98 | |||
4 Β | 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 Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary Shares of 1 pence each | |||
Identification code | GB00BYV31355 | ||||
b) Β | Nature of the transaction
| Purchase of shares Β | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
13.06 pence | 400,000 Β | ||||
d) Β | Aggregated information | N/A single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e) Β | Date of the transaction
| 5 September 2024 | |||
f) Β | Place of the transactionΒ Β | London Stock Exchange | |||
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