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Issue of Equity

30 Mar 2017 11:29

RNS Number : 0332B
Inspired Energy PLC
30 March 2017
 

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 1,600,000 new ordinary shares of 0.125p each ("New Shares") to satisfy the exercise of options granted under the Group's 2011 Share Option Scheme. 350,000 share options were exercised at 8.75 pence each. 1,150,000 share options were exercised at 11.25 pence each.

The New Shares are expected to be admitted to trading on AIM on 5 April 2017.

Following this admission, the Group's share capital and total voting rights comprises 487,188,955 ordinary shares of 0.125p each and the Group does not hold any shares in treasury. Consequently, 487,188,955 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

Panmure Gordon (Joint Broker)

Ben Thorne

Erik Anderson

 +44 (0) 20 7408 4090

 

 

+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
 
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