Last checked at 2 Oct 2017 07:00
29 September 2017
Inspirit Energy Holdings Plc
("Inspirit" or "the Company")
Total Voting Rights
Inspirit (AIM: INSP) announces, for purposes of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the following:
As at the date of this announcement, the Company's issued share capital consists of 1,420,806,857 ordinary shares with a nominal value of 0.1p each, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury. Therefore the total number of Ordinary Shares in the Company with voting rights is 1,420,806,857.
The above figure of 1,420,806,857 Ordinary Shares with voting rights may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
More information on Inspirit Energy can be seen at: www.inspirit-energy.com
Contacts:
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Inspirit Energy Holdings plc |
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John Gunn, Chairman and CEO | +44 (0) 207 048 9400
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Beaumont Cornish Limited www.beaumontcornish.com (Nominated Advisor) |
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Roland Cornish / James Biddle
| +44 (0) 207 628 3396 |
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Peterhouse Corporate Finance (Joint Broker) |
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Lucy Williams / Duncan Vasey
| +44 (0) 207 469 0930 |
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SVS Securities Plc (Joint Broker) Tom Curran
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+44 (0) 203 700 0093
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About Inspirit Energy Holdings Plc
Inspirit Energy Holdings plc, is developing and commercialising a highly efficient micro combined heat and power (mCHP) boiler for commercial applications. The boiler is specifically designed to meet the challenge of a reduced carbon energy supply and is capable of running on natural gas, LPG and Bio Fuels. The appliance produces hot water (for tap water or central heating) and electrical output simultaneously. The installation can be of single or multiple configuration and its high operating efficiency together with the off-set of electricity costs provides a very attractive investment payback proposition.
Inspirit intends to explore opportunities to license out the underlying technology and the Directors believe that, in some instances, the patents owned by Inspirit may be also used in the development of products other than a mCHP appliance. A prototype of the appliance has been independently tested and shown to be capable of simultaneous generation of up to 15kW thermal and up to 3kW electrical output. Once development of the appliance has been completed and commercialised, the Directors expect that the appliance will initially be marketed in the UK and Europe and eventually worldwide. Additional revenue streams may be possible through product licensing, sales of warranties and further development of the product.