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INSP Inspirit Energy Holdings Plc

0.009
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Inspirit Energy Holdings Plc LSE:INSP London Ordinary Share GB00B44W9L31 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.009 0.008 0.01 0.009 0.009 0.009 3,699,321 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Heat & Condition Eq-whsl 0 -260k 0.0000 N/A 628.72k

Inspirit Energy Holdings PLC Clarification regarding debt and loan facility (9970Y)

08/01/2024 4:04pm

UK Regulatory


Inspirit Energy (LSE:INSP)
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TIDMINSP

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 2(nd) 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 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCGZGGMVRDGDZM

(END) Dow Jones Newswires

January 08, 2024 11:04 ET (16:04 GMT)

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