Issue of Equity

RNS Number : 6978O

Inspired Energy PLC

24 September 2013

 

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 1,859,296 new ordinary shares of 0.125p each ("New Ordinary Shares") to satisfy the exercise of options granted under the Group's 2011 Share Option Scheme at 3.0 pence each.

The New Ordinary Shares are expected to be admitted to trading on AIM on 27 September 2013.

Following this admission, the Group's share capital and total voting rights comprises 409,729,735 ordinary shares of 0.125p each and the Group does not hold any shares in treasury. Consequently, 409,729,735 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.

Enquiries:  

Inspired Energy plc

Janet Thornton, Chief Executive

David Foreman, Finance Director

[phone]

[phone]

www.inspiredenergy.co.uk

Shore Capital

Bidhi Bhoma

Edward Mansfield

[phone]

Gable Communications

Justine James

John Bick

 [phone]

[phone]

[e-mail]

Notes to editors:

Inspired Energy plc is an energy procurement and management business which was founded in 2000 by Managing Director, Janet Thornton.  Through optimising energy procurement on behalf or its clients Inspired enables its clients to achieve greater certainty of their energy costs and in many cases delivers significant savings.  The Inspired Group, including recently acquired Direct Energy Purchasing Limited, currently manages and negotiates c980 gas and electricity supply agreements on behalf of c560 customers across the UK in a broad range of sectors.

 

END

 

 

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