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Subscription, Director Dealing & TVR

22 Sep 2025 07:00

RNS Number : 2178A
Insig AI Plc
22 September 2025
 

22 September 2025

Insig AI plc

("Insig AI" or the "Company")

Subscription, Director Dealing and Total Voting Rights

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 150,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") on 19 September 2025 at a price of 19.7 pence per Ordinary Share (the "Share Purchase").

In addition, further to its announcement on 24 June 2025 (see RNS number 0668O), in accordance with the terms agreed under the Equity Funding Facility, Richard Bernstein has exercised his right to purchase 875,000 Ordinary Shares at a price of 20.0 pence per Ordinary Share (the "Equity Funding Subscription"). Following the completion of the Equity Funding Subscription, the Equity Funding Facility is now fully utilised by the Company.

Admission, Total Voting Rights and Director Shareholding

Application will be made to the London Stock Exchange for admission of the Equity Funding Subscription Ordinary Shares to trading on AIM ("Admission"). Admission is expected to become effective, and dealings in the Subscription Shares are anticipated to commence on or around 25 September 2025.

Following Admission, the issued share capital and total voting rights of the Company will be 121,682,643. Shareholders may use this figure as the denominator to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Upon Admission and following the Share Purchase, Richard Bernstein's shareholding will stand at 26,707,880 Ordinary Shares, representing 21.95% of the Company's enlarged share capital. This figure includes an additional 1,242,000 Ordinary Shares since the last disclosure on 24 July 2025, which had been erroneously omitted. The composition of the 1,242,000 Ordinary Shares is as follows:

· On 4 March 2020, Mr Bernstein participated in a placing for the Company (named Catena Group plc at the time), purchasing 140,000 Ordinary Shares. Whilst Mr Bernstein's participation was announced, these shares had not been included in his previously announced shareholdings;

· On 30 May 2024, the Company announced Mr Bernstein had subscribed for 500,000 Ordinary Shares, these shares were not included in his resultant shareholding calculations;

· On 6 September 2024, Mr Bernstein purchased 400,000 Ordinary Shares but his resultant shareholding announced was 102,000 Ordinary Shares lower; and

· On 24 June 2025, the Company announced Mr Bernstein had subscribed for 500,000 Ordinary Shares, these shares had been omitted from the shareholding announced on 24 July 2025.

 

For further information, please visit www.insig-ai.com or contact:

Insig AI plc

Richard Bernstein, CEO

richard.bernstein@insg.ai

Zeus (Nominated Adviser & Broker)

David Foreman / James Hornigold

+44 (0) 203 829 5000

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name 

 

Richard Bernstein

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

Insig AI plc

b)

 

LEI

21380098CKBAG1NWCD98

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

Ordinary Shares of 1 pence each

Identification code

GB00BYV31355

b)

 

Nature of the transaction

Subscription of shares (Equity Funding Subscription)

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

20.0 pence

875,000

 

d)

 

Aggregated information

N/A single transaction

- Aggregated volume

- Price

e)

 

Date of the transaction

19 September 2025

f)

 

Place of the transaction 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name 

 

Richard Bernstein

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

Insig AI plc

b)

 

LEI

21380098CKBAG1NWCD98

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

Ordinary Shares of 1 pence each

Identification code

GB00BYV31355

b)

 

Nature of the transaction

Purchase of shares (Equity Funding Subscription)

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

19.7 pence

150,000

 

d)

 

Aggregated information

N/A single transaction

- Aggregated volume

- Price

e)

 

Date of the transaction

19 September 2025

f)

 

Place of the transaction 

 

London Stock Exchange

 

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