Share Name Share Symbol Market Type Share ISIN Share Description
INSPIRED ENERGY PLC NEX:INSE.GB NEX Ordinary Share GB00B5TZC716
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 15.25p 14.50p 16.00p 15.25p 15.25p 15.25p 0 07:39:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Inspired Energy PLC Result of Meeting

27/12/2018 11:00am

UK Regulatory (RNS & others)


INSPIRED ENERGY (NEX:INSE.GB)
Historical Stock Chart

1 Year : From Oct 2018 to Oct 2019

Click Here for more INSPIRED ENERGY Charts.

TIDMINSE

RNS Number : 5629L

Inspired Energy PLC

27 December 2018

27 December 2018

Inspired Energy PLC

("Inspired" or the "Company")

Result of General Meeting and Completion of Acquisition

Inspired (AIM: INSE), a leading energy procurement consultant to UK and Irish corporates, announces, further to the announcement on 7 December 2018, that all resolutions proposed at the General Meeting of the Company held earlier today were approved and that the acquisition of Inprova Finance Limited will now complete.

Total voting rights

Application has been made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM and this is expected to become effective at 8.00 a.m. on Friday 28 December 2018 ("Admission"). On admission the Company's issued share capital will consist of 713,973,440 ordinary shares of 0.125 pence each ("Ordinary Shares"). No shares were held in treasury at the date of this announcement.

The total of 713,973,440 Ordinary Shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Directors' shareholdings on Admission

 
 Director                                        Number of Ordinary     Percentage of 
                                                             Shares    Enlarged Share 
                                                                              Capital 
 Mark Dickinson (Chief 
  Executive Officer)                                        689,655             0.10% 
 Matthew Thornton (Non-Executive 
  Director) (1)                                          38,590,577             5.41% 
 Praetura Ventures (1) 
  LLP(2)                                                 11,137,039             1.56% 
 Richard Logan (Non-Executive 
  Director)                                                 344,828             0.05% 
 

Notes:

1. Matthew Thornton's wife, Janet Thornton, is interested in 38,590,579 and their aggregate holding will be 77,181,156 Ordinary Shares representing 10.8 per cent. of the Enlarged Share Capital.

2. Praetura Ventures (1) LLP is a limited liability partnership whose members include Mike Fletcher (Non-Executive Chairman).

Terms used in this announcement shall have the meanings given to them in the Company's circular to shareholders dated 7 December 2018 ("Circular"). The Circular is available on the Company's website: www.inspiredplc.co.uk/category/regulatory-announcements/

Enquiries:

 
 Inspired Energy plc                           www.inspiredplc.co.uk 
 Mark Dickinson, Chief Executive Officer       +44 (0) 1772 689 250 
 Paul Connor, Finance Director 
 
 Shore Capital (Nomad and Joint Bookrunner)    +44 (0) 20 7408 4090 
 Dru Danford 
  Edward Mansfield 
  James Thomas 
 Peel Hunt LLP (Joint Bookrunner) 
  Mike Bell 
  Ed Allsopp 
  Sam Cann                                     +44 (0) 20 7418 8900 
 Gable Communications                          +44 (0) 20 7193 7463 
 Justine James                                 +44 (0) 7525 324431 inspired@gablecommunications.com 
  John Bick 
 

Notes to Editors:

Inspired was established in 2000 and provides expert consultancy on the negotiation of energy contracts, offering a range of services to its clients through the life of each contract including market analysis, bureau services and management services with the primary aim of reducing costs for its clients.

www.inspiredplc.co.uk

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.

END

ROMBGBDDBDDBGIR

(END) Dow Jones Newswires

December 27, 2018 06:00 ET (11:00 GMT)

1 Year INSPIRED ENERGY Chart

1 Year INSPIRED ENERGY Chart

1 Month INSPIRED ENERGY Chart

1 Month INSPIRED ENERGY Chart
Your Recent History
NEX
INSE.GB
INSPIRED E..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20191017 20:19:04