Equity subscription raising £0.2m and TVR
Summary by AI BETAClose X
1 June 2026
Insig AI plc
("Insig AI" or the "Company")
Equity subscription raising £0.2 million and total voting rights
Insig AI, a leading provider of AI-led analytics and machine learning solutions is pleased to announce that it has successfully raised £0.2 million gross and net, by way of an equity subscription for 1,333,333 ordinary shares of 1 pence each in the Company ("Ordinary Shares") ("Subscription Shares") at 15p pence per Ordinary Share, (the "Subscription Price") (the "Subscription").
The Subscription Price is at a three per cent discount to the average closing price of the Ordinary Shares over the last ten trading days and a discount of ten per cent to the closing price on 28 May 2026.
The Subscription is from a high-net-worth investor. It is intended that the proceeds of the Subscription will be utilised to invest in accelerating the signing up of trials where prospects can access the Company's Central Bank Model Context Protocol ("MCP") server. This enable traders, portfolio managers and investment decision makers to directly interrogate what the Company believes is the world's most extensive machine-readable central bank datasets through any major Large Language Model.
In April 2026, the Company announced that Board resolved to accept an initial £250,000 of equity funding from Richard Bernstein at 20p a share and that he remained interested in investing a further £250,000 at 20p a share. Richard Bernstein has confirmed to the Board that this remains the case.
Total voting rights
Application will be made to the London Stock Exchange for admission of the Subscription Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the Subscription Shares will commence on or around 9 June 2026.
The Subscription Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.
Following the issue of 1,333,333 Subscription Shares, the issued share capital and total voting rights of the Company will be 127,545,545. 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.
For further information, please visit www.insg.ai or contact:
|
Insig AI plc |
|
|
Richard Bernstein |
|
|
Zeus (Nominated Adviser & Broker) |
|
|
David Foreman / James Hornigold |
+44 (0)20 3829 5000 |
|
CMC Markets Joint Broker |
|
|
Doug Crippin |
+44 (0)20 3003 8632 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 2 days ago City of London Investment Group
- 2 days ago Aberdeen Group plc
- 2 days ago NATWEST GROUP
- 2 days ago Ondo Insurtech
- 2 days ago Banco Santander S.A.