Issue of Equity

RNS Number : 0810J

Inspired Energy PLC

01 April 2015

 

Inspired Energy plc

("Inspired" or the "Group")

Issue of Equity

The Group announces that it has, today, made an application to the London Stock Exchange for the admission to trading on AIM of 2,139,824 new ordinary shares of 0.125p each ("New Shares") to satisfy the exercise of options granted under the Group's 2011 Share Option Scheme.  464,824 share options were exercised at 3.00 pence each, 1,625,000 share options were exercised at 4.25 pence each. A further 50,000 share options were exercised at 8.75 pence each.

The New Shares are expected to be admitted to trading on AIM on 9 April 2015.

On admission of the New Shares the Group's share capital and total voting rights will comprise of 425,821,570 ordinary shares of 0.125p each. The Group does not hold any shares in treasury. Consequently, 425,821,570 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.

For further information, please contact:   

Inspired Energy plc Janet Thornton, Managing Director Paul Connor, Finance Director David Foreman, Corporate Development Director	www.inspiredenergy.co.uk [phone] [phone]
Shore Capital Bidhi Bhoma Edward Mansfield	[phone]
Gable Communications Justine James John Bick	[phone] [phone] [e-mail]

 

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