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Issue of Equity

5 May 2016 07:00

RNS Number : 2965X
Inspired Energy PLC
05 May 2016
 

Inspired Energy plc

("Inspired" or the "Group")

Issue of Equity

The Group announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 1,337,500 new ordinary shares of 0.125p each ("New Shares") to satisfy the exercise of options granted under the Group's 2011 Share Option Scheme. 1,037,500 share options were exercised at 8.75 pence each. 300,000 share options were exercised at 11.25 pence each.

The New Shares are expected to be admitted to trading on AIM on 10 May 2016.

Following this admission, the Group's share capital and total voting rights comprises 474,690,999 ordinary shares of 0.125p each and the Group does not hold any shares in treasury. Consequently, 474,690,999 is the figure which may be used by shareholders 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, Inspired under the FSA's Disclosure and Transparency Rules.

For further information, please contact:

Inspired Energy plc

Janet Thornton, Managing Director

David Foreman, Finance Director

www.inspiredenergy.co.uk

+44 (0) 1772 689250

+44 (0) 7717 707 201

 

Shore Capital (Nomad and Joint Broker)

Bidhi Bhoma

Edward Mansfield

 

 +44 (0) 20 7408 4090

Panmure Gordon (Joint Broker)

Ben Thorne

Erik Anderson

 

+44 (0) 20 7886 2500

Gable Communications

Justine James

John Bick

+44 (0) 20 7193 7463

+44 (0) 7525 324431

inspired@gablecommunications.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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