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INSPIRIT ENERGY HOLDINGS PLC

Capital/Financing Update Jan 2, 2024

7713_rns_2024-01-02_61c8ec39-fa58-4cf5-a513-8e5213b2264e.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 4111Y

Inspirit Energy Holdings PLC

02 January 2024

2nd January 2024

Inspirit Energy Holdings plc

("Inspirit Energy", "Inspirit" or the "Company")

Repayment of debt

Inspirit Energy Holdings plc, the AIM listed developer of micro combined heat and power boilers and waste heat recovery, is pleased to announce that it repaid the short-term, un-secured debt of US$80,000 (approximately £65,624) that was drawn down on 8th December 2022 (see RNS of 8th December 2022) and reflects the Company's total amount of indebtedness under the Facility.

The amount repaid was $107,717.35 ( approximately £84,830.17), which includes interest and financing costs as per the original agreement.

The board are pleased to reduce this debt and will provide further updates in due course.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.

More information on Inspirit Energy can be seen at: www.inspirit-energy.com

For further information please contact:

Inspirit Energy Holdings plc
John Gunn, Chairman and CEO +44 (0) 207 048 9400
Beaumont Cornish Limited 

www.beaumontcornish.com

(Nominated Advisor)
Roland Cornish / James Biddle +44 (0) 207 628 3396
Global Investment Strategy UK Ltd

(Broker)

Samantha Esqulant
+44 (0) 207 048 9045

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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.

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