Share purchases by the Board

RNS Number : 7155O
Inspired Energy PLC
02 June 2020
 

Inspired Energy plc

("Inspired Energy" or the "Group")

 

Share purchases by the Board

Inspired Energy (AIM: INSE), the leading consultant for energy procurement, utility cost optimisation and legislative compliance in the UK and Ireland, announces that the entire Board has today purchased shares in the Group. Details of the share purchases are set out in further detail in the tables below.

The revised holdings of the directors are as follows:

Director

Ordinary Shares purchased

Price paid per share (p)

Interest now held in the Group

% of issue share capital

Mark Dickinson1

580,000

16.9

1,269,655

0.18%

Paul Connor2

440,000

16.9

440,000

0.06%

Michael Fletcher3

215,000

16.9

4,714,999

0.66%

Richard Logan

115,000

16.9

459,828

0.06%

Gordon Oliver

57,000

17.4

57,000

0.01%

Notes:

1.  Mark Dickinson is also interested in 3,300,000 vested share options under the LTIP scheme

2.  Paul Connor is also interested in 1,650,000 vested share options under the LTIP scheme and 4,750,000 vested EMI Share Options

3.  215,000 Ordinary Shares held by Michael Fletcher's personal SIPP which made the purchase today and 4,499,999 held through Praetura Ventures (1) LLP, a limited liability partnership whose members include Mike Fletcher.

 

Enquiries please contact:

Inspired Energy plc

Mark Dickinson (Chief Executive Officer)

Paul Connor (Chief Financial Officer)

www.inspiredplc.co.uk

+44 (0) 1772 689250

 

Shore Capital (Nominated Adviser and Joint Broker)

Advisory

Dru Danford / Edward Mansfield / James Thomas

Broking

Malachy McEntyre

 

 +44 (0) 20 7408 4090

 

Peel Hunt LLP (Joint Broker)

Mike Bell

Ed Allsopp

 

+44 (0) 20 7418 8900

Alma PR

Justine James

Josh Royston

+44 (0) 20 3405 0205

+44 (0) 7525 324431

inspired@almapr.co.uk

 

 

Full details as required under the Market Abuse Regulation are set out below.

 

Connected Persons

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Mark Dickinson

2

 

Reason for the notification

a)

 

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Inspired Energy 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 the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 0.125p each in Inspired Energy Plc

 

GB00B5TZC716.

b)

 

Nature of the transaction

Purchase of shares

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

16.9

580,000

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

2 June 2020

f)

 

Place of the transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Paul Connor

2

 

Reason for the notification

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Inspired Energy 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 the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 0.125p each in Inspired Energy Plc

 

GB00B5TZC716.

b)

 

Nature of the transaction

Purchase of shares

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

16.9

440,000

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

2 June 2020

f)

 

Place of the transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Michael Fletcher by way of his SIPP

2

 

Reason for the notification

a)

 

Position/status

 

Non-Executive Chairman

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Inspired Energy 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 the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 0.125p each in Inspired Energy Plc

 

GB00B5TZC716.

b)

 

Nature of the transaction

Purchase of shares

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

16.9

215,000

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

2 June 2020

f)

 

Place of the transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Richard Logan

2

 

Reason for the notification

a)

 

Position/status

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Inspired Energy 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 the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 0.125p each in Inspired Energy Plc

 

GB00B5TZC716.

b)

 

Nature of the transaction

Purchase of shares

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

16.9

115,000

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

2 June 2020

f)

 

Place of the transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Gordon Oliver

2

 

Reason for the notification

a)

 

Position/status

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Inspired Energy 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 the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 0.125p each in Inspired Energy Plc

 

GB00B5TZC716.

b)

 

Nature of the transaction

Purchase of shares

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

17.4p

57,000

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

2 June 2020

f)

 

Place of the transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

 


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