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Pin to quick picksInspirit Energy Regulatory News (INSP)

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Clarification regarding debt and loan facility

8 Jan 2024 16:04

RNS Number : 9970Y
Inspirit Energy Holdings PLC
08 January 2024
 

8th January 2024

 Inspirit Energy Holdings plc

("Inspirit Energy", "Inspirit" or the "Company")

Clarification regarding repayment of debt and loan facility

 

 

Inspirit Energy Holdings plc, the AIM listed developer of micro combined heat and power boilers and waste heat recovery, provides an update on the RNS that was issued on 2nd January 2024 in relation to repayment of debt and the loan facility in relation to this debt.

 

On the above date of repayment, the Company can confirm that the $250,000 loan facility ceased and the Company has no other loan facility outstanding and therefore the reference in the Going Concern Note on page 10 of the Company's Final Results published on 22 December 2023 (the "Accounts") should not have included reference to a loan facility.

 

Further, the Company notes that in the Strategic Report on page 6 of the Accounts, below the table of Key Performance Indicators, it should have referred to a 'decrease' in the Market capitalisation during the reporting period and not an 'increase' as stated.

 

The Board and the Auditors confirm that the above does not have a material impact on the Company.

 

There are no further updates.

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.

More information on Inspirit Energy can be seen at: www.inspirit-energy.com

For further information please contact:

Inspirit Energy Holdings plc

John Gunn, Chairman and CEO

+44 (0) 207 048 9400

 

Beaumont Cornish Limited 

www.beaumontcornish.com

(Nominated Advisor)

Roland Cornish / James Biddle

 

+44 (0) 207 628 3396

Global Investment Strategy UK Ltd

(Broker)

Samantha Esqulant

 

 

 

+44 (0) 207 048 9045

 

 

 

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Date   Source Headline
27th Apr 20117:00 amRNSGrant of Options
20th Apr 20117:00 amRNSIssue of Equity
6th Apr 201111:30 amRNSExercise of Option in relation to CLNs
31st Mar 20117:00 amRNSInterim Results
8th Mar 20117:00 amRNSIssue of Equity
13th Jan 20117:00 amRNSInspirit acquires mCHP technology IP
6th Jan 20117:00 amRNSInvestment in Inspirit Energy Limited
13th Dec 20101:15 pmRNSResult of AGM
19th Nov 20104:00 pmRNSAnnual Report and Accounts and AGM Notice
11th Nov 20105:25 pmRNSIssue of Equity (Replacement)
11th Nov 20107:00 amRNSIssue of Equity
29th Oct 20105:33 pmRNSIssue of Equity (Replacement)
29th Oct 20107:00 amRNSGAD Approval Process
26th Oct 201012:00 pmRNSIssue of Equity
26th Oct 201012:00 pmRNSIssue of Equity
5th Oct 20101:15 pmRNSHolding(s) in Company
17th Sep 201012:00 pmRNSDirectorate Change
23rd Aug 20107:00 amRNSInvestment in Inspirit Limited
16th Aug 20108:43 amRNSFinal Results (Replacement)
16th Aug 20107:00 amRNSFinal Results
11th Aug 20104:07 pmRNSChange of Website Address
3rd Aug 201012:30 pmRNSResult of GM
9th Jul 20101:00 pmRNSNotice of General Meeting
1st Jul 20107:00 amRNSExercise of Option in relation to CLNs
23rd Jun 20101:00 pmRNSConvertible Secured Loan Note Instrument
21st Jun 20103:15 pmRNSExercise of Option in relation to Convertible Loan
7th Jun 20104:17 pmRNSIssue of Equity
14th Apr 201011:00 amRNSChange of Registered Office
6th Apr 20104:00 pmRNSIssue of Equity
31st Mar 201011:00 amRNSHalf Yearly Report
16th Mar 20103:06 pmRNSExercise of Option in relation to CLNs
19th Jan 20104:08 pmRNSIssue of Equity
14th Jan 20103:44 pmRNSIssue of Equity
13th Jan 20103:16 pmRNSDirector Appointment & Change of Registered Office
12th Jan 20104:51 pmRNSHolding(s) in Company
12th Jan 20104:47 pmRNSHolding(s) in Company
12th Jan 20104:46 pmRNSHolding(s) in Company
12th Jan 20104:44 pmRNSHolding(s) in Company
12th Jan 20104:41 pmRNSHolding(s) in Company
31st Dec 20098:11 amRNSAnnual Financial Report
24th Dec 20097:01 amRNSFinal Results
27th Nov 200911:51 amRNSExercise of Option-Convertible Loan Note
20th Nov 20094:49 pmRNSIssue of Equity
13th Nov 200910:19 amRNSIssue of Equity
6th Nov 200912:08 pmRNSProposed Name Change & Director Resignation
3rd Nov 20097:00 amRNSGrant of Option
16th Sep 200910:38 amRNSNew Accounting Ref Date
11th Sep 20092:03 pmRNSResult of AGM
8th Sep 200910:12 amRNSExclusive Collaboration Agreement & ?3m facility
3rd Sep 20092:25 pmRNSIssue of Equity and Total Voting Rights Correction

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