Inspired Capital PLC Transfer and cancellation of treasury shares (8339Y)

TIDMINSC

RNS Number : 8339Y

Inspired Capital PLC

11 September 2015

11 September 2015

Inspired Capital plc

("Inspired" or the "Company")

Transfer and Cancellation of Treasury Shares

On 11 September 2015, the Company transferred 198,500 ordinary shares of 10p each ("Ordinary Shares") held in treasury to an award holder in satisfaction of a vested award under one of the Company's share incentive plans (the "Transfer") and cancelled the remaining 44,753,280 Ordinary Shares held by it in treasury (the "Cancellation").

Following the Transfer and the Cancellation, the Company's issued ordinary share capital consists of 222,045,344 Ordinary Shares and there are no Ordinary Shares held in treasury. The total number of current voting rights in the Company is 222,045,344 following the Transfer and the Cancellation.

The above figure (222,045,344 Ordinary Shares) 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 in their interest in, the Company under the FCA's Disclosure and Transparency Rules.

As announced by the Company on 27 August 2015, cancellation of admission to trading of the Company's Ordinary Shares on AIM is expected to be effective at 7.00 a.m. on 28 September 2015, with trading in Inspired Capital Shares on AIM being suspended with effect from 7.30 a.m. on 25 September 2015.

For further information please contact:

 
 Inspired Capital plc                Via Newgate 
 Ron Robson 
 Neil McMyn 
 
                                    [phone] 
 Cenkos Securities                   8900 
 Max Hartley (Corporate Finance) 
 Julian Morse (Sales) 
 
 
                                    [phone] 
 Newgate                             9850 
 Tim Thompson 
 Helena Bogle 
 
 

About Inspired Capital plc

Inspired Capital is building by organic growth and acquisition a new customer-friendly force in SME lending by deploying long term capital. There is an opportunity to grow considerably in an underserved sector, with SMEs traditionally finding credit difficult to access from the major clearing banks that often focus on the security and stability of retail and larger corporate lending.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 11, 2015 07:16 ET (11:16 GMT)