Director/PDMR Shareholding and Total Voting Rights
28 April 2023
Insig AI plc
("Insig AI" or the "Company")
Director/PDMR Shareholding and Total Voting Rights
Insig AI plc (AIM: INSG), the data science and machine learning group, has been notified that, Richard Bernstein, Non-Executive Chairman of the Company, has purchased 100,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 19.0 pence per Ordinary Share (the "Purchase").
In addition, further to the announcement on 24 April 2023 in relation to the Company's equity subscription, 1,764,705 ordinary shares have been issued out of treasury (the "Subscription Shares"). Of these Subscription Shares, 291,503 have been issued to Richard Bernstein.
Following the Purchase and the 291,503 Subscription Shares issued to Mr Bernstein, his shareholding now stands at 14,641,503 Ordinary Shares in Insig AI, which represents 14.58% of Insig AI's total voting rights.
Total Voting Rights
Following the issue of 1,764,705 Subscription Shares on 27 April 2023 out of treasury, the issued share capital of the Company remains unchanged at 105,675,645 ordinary shares, whilst the total number of voting rights in the Company stands at 100,440,350. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. Following the transaction, the Company will hold 5,235,295 shares in treasury.
For further information, please visit www.insg.ai or contact:
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Insig AI plc Richard Bernstein, Chairman Colm McVeigh, CEO |
richard.bernstein@insg.ai |
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Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold / Danny Phillips
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+44 (0) 203 829 5000 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Richard Bernstein |
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2
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Reason for the notification
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a)
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Position/status
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Non-Executive Chairman |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Insig AI plc |
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b)
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LEI
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21380098CKBAG1NWCD98 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 1 pence each |
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Identification code |
GB00BYV31355 |
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b)
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Nature of the transaction
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Purchase of shares
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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19.0 pence |
100,000
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d)
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Aggregated information |
N/A single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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27 April 2023 |
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f)
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Place of the transaction
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London Stock Exchange |
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