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INSE Inspired Plc

69.50
6.00 (9.45%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Inspired Plc LSE:INSE London Ordinary Share GB00BR2Q0V58 ORD 1.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.00 9.45% 69.50 67.00 72.00 69.50 63.50 63.50 113,254 16:27:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 88.78M -3.63M -0.0360 -19.31 70.03M

Inspired PLC Grant of awards to Directors (7365A)

26/05/2023 7:00am

UK Regulatory


Inspired (LSE:INSE)
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TIDMINSE

RNS Number : 7365A

Inspired PLC

26 May 2023

26 May 2023

Inspired PLC

("Inspired", the "Company" or the "Group")

Grant of awards to Directors under

the Inspired PLC Incentive Plan

Inspired (AIM:INSE), a leading technology enabled service provider supporting businesses in their drive to net-zero and controlling energy costs, announces the grant of options ("Options") over ordinary shares of GBP0.00125 each in the Company ("Shares") to certain directors under the Inspired plc Incentive Plan ("Plan") in respect of the FY22 financial year.

Under the Plan, the Options will be exercisable at nil cost after three years subject to continued employment.

In aggregate, 4,689,840 Options have been granted to the following directors of the Company:

 
 Name of Director    Number of Options 
 Mark Dickinson      1,942,934 
                    ------------------ 
 Paul Connor         1,406,952 
                    ------------------ 
 David Cockshott     1,339,954 
                    ------------------ 
 

Further details of the Plan and its rules are set out in the Company's 2021 Annual Report. As set out in the Plan rules, the number of Shares vesting under each Option may be increased to the extent that share price targets are met and all Nil Cost Options are subject to the malus and clawback provisions. All unexercised Options will lapse on the day falling immediately prior to the tenth anniversary of the date of grant.

The Options were granted on 25 May 2023 and will vest on 25 May 2026.

The notification at the end of this RNS, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail on the Director grants.

Enquiries please contact:

 
Inspired PLC                                  www.inspiredplc.co.uk 
 Mark Dickinson (Chief Executive Officer)      +44 (0) 1772 689250 
 Paul Connor (Chief Financial Officer) 
 David Cockshott (Chief Commercial Officer) 
Shore Capital (Nominated Adviser and 
 Joint Broker) 
 Patrick Castle 
 James Thomas 
 Rachel Goldstein                              +44 (0) 20 7408 4090 
Liberum (Joint Broker) 
 Edward Mansfield 
 William Hall                                 +44 (0)20 3100 2000 
Alma PR                                       +44 (0) 20 3405 0205 
 Justine James                                 +44 (0) 7525 324431 
 Hannah Campbell                               inspired@almapr.co.uk 
 Will Ellis Hancock 
 

Notes to editors

Inspired PLC is a leading technology enabled service provider of energy advisory and sustainability services, supporting businesses in their drive to net zero, controlling energy costs and managing their response to climate change.

Founded in 2000, Inspired operates three divisions: Energy Solutions (Assurance and Optimisation), Software Solutions and ESG Solutions, providing expert energy advisory and sustainability services to over 3,400 businesses in the UK and Ireland who typically spend more than GBP100,000 on energy and water per year.

Inspired has been recognised with the London Stock Exchange's Green Economy market since 2020 for its environmental and strategic advice, service, and support to customers and is also ranked as the UK's leading advisor by the independent energy market intelligence consultancy, Cornwall Insight.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation

 
  1     Details of the person discharging managerial responsibilities 
         / person closely associate 
  a)    Name                          Mark Dickinson 
      ----------------------------  ------------------------------------------ 
  2     Reason for the notification 
      ------------------------------------------------------------------------ 
  a)    Position/status               Chief Executive Officer 
      ----------------------------  ------------------------------------------ 
  b)    Initial notification          Initial notification 
         /Amendment 
      ----------------------------  ------------------------------------------ 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
  a)    Name                         Inspired plc 
      ----------------------------  ------------------------------------------ 
  b)    LEI                          2138009UAKLCYEQPM829 
      ----------------------------  ------------------------------------------ 
  4     Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
      ------------------------------------------------------------------------ 
  a)    Description of                Nil Cost Options over Ordinary Shares of 
         the financial instrument,     GBP0.00125 each 
         type of instrument 
        Identification               ISIN: GB00B5TZC716 
         code 
 
  b)    Nature of the transaction   Grant of share awards under the Inspired 
                                     plc Incentive Plan. 
      ----------------------------  ------------------------------------------ 
  c)    Price(s) and volume(s)         Price per share     Volume 
                                                   Nil     1,942,934 
                                                          ---------- 
      ----------------------------  ------------------------------------------ 
  d)    Aggregated Information         n/a single transaction 
 
         Volume 
 
         Price 
      ----------------------------  ------------------------------------------ 
  e)    Date of transaction           25 May 2023 
      ----------------------------  ------------------------------------------ 
  f)    Place of transaction          Outside a trading venue 
      ----------------------------  ------------------------------------------ 
 

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation

 
  1     Details of the person discharging managerial responsibilities 
         / person closely associate 
  a)    Name                          Paul Connor 
      ----------------------------  ------------------------------------------ 
  2     Reason for the notification 
      ------------------------------------------------------------------------ 
  a)    Position/status               Chief Financial Officer 
      ----------------------------  ------------------------------------------ 
  b)    Initial notification          Initial notification 
         /Amendment 
      ----------------------------  ------------------------------------------ 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
  a)    Name                         Inspired plc 
      ----------------------------  ------------------------------------------ 
  b)    LEI                          2138009UAKLCYEQPM829 
      ----------------------------  ------------------------------------------ 
  4     Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
      ------------------------------------------------------------------------ 
  a)    Description of                Nil Cost Options over Ordinary Shares of 
         the financial instrument,     GBP0.00125 each 
         type of instrument 
        Identification               ISIN: GB00B5TZC716 
         code 
 
  b)    Nature of the transaction   Grant of share awards under the Inspired 
                                     plc Incentive Plan. 
      ----------------------------  ------------------------------------------ 
  c)    Price(s) and volume(s)         Price per share     Volume 
                                                   Nil     1,406,952 
                                                          ---------- 
      ----------------------------  ------------------------------------------ 
  d)    Aggregated Information         n/a single transaction 
 
         Volume 
 
         Price 
      ----------------------------  ------------------------------------------ 
  e)    Date of transaction           25 May 2023 
      ----------------------------  ------------------------------------------ 
  f)    Place of transaction          Outside a trading venue 
      ----------------------------  ------------------------------------------ 
 

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation

 
  1     Details of the person discharging managerial responsibilities 
         / person closely associate 
  a)    Name                          David Cockshott 
      ----------------------------  ------------------------------------------ 
  2     Reason for the notification 
      ------------------------------------------------------------------------ 
  a)    Position/status               Chief Commercial Officer 
      ----------------------------  ------------------------------------------ 
  b)    Initial notification          Initial notification 
         /Amendment 
      ----------------------------  ------------------------------------------ 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
  a)    Name                         Inspired plc 
      ----------------------------  ------------------------------------------ 
  b)    LEI                          2138009UAKLCYEQPM829 
      ----------------------------  ------------------------------------------ 
  4     Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
      ------------------------------------------------------------------------ 
  a)    Description of                Nil Cost Options over Ordinary Shares of 
         the financial instrument,     GBP0.00125 each 
         type of instrument 
        Identification               ISIN: GB00B5TZC716 
         code 
 
  b)    Nature of the transaction   Grant of share awards under the Inspired 
                                     plc Incentive Plan. 
      ----------------------------  ------------------------------------------ 
  c)    Price(s) and volume(s)         Price per share     Volume 
                                                   Nil     1,339,954 
                                                          ---------- 
      ----------------------------  ------------------------------------------ 
  d)    Aggregated Information         n/a single transaction 
 
         Volume 
 
         Price 
      ----------------------------  ------------------------------------------ 
  e)    Date of transaction           25 May 2023 
      ----------------------------  ------------------------------------------ 
  f)    Place of transaction          Outside a trading venue 
      ----------------------------  ------------------------------------------ 
 

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.

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END

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May 26, 2023 02:00 ET (06:00 GMT)

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