Inspired PLC

Declaration of Voting Results & Voting Rights Announcements • Dec 27, 2018

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RNS Number : 5629L

Inspired Energy PLC

27 December 2018

27 December 2018

Inspired Energy PLC

("Inspired" or the "Company")

Result of General Meeting and Completion of Acquisition

Inspired (AIM: INSE), a leading energy procurement consultant to UK and Irish corporates, announces, further to the announcement on 7 December 2018, that all resolutions proposed at the General Meeting of the Company held earlier today were approved and that the acquisition of Inprova Finance Limited will now complete.

Total voting rights

Application has been made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM and this is expected to become effective at 8.00 a.m. on Friday 28 December 2018 ("Admission"). On admission the Company's issued share capital will consist of 713,973,440 ordinary shares of 0.125 pence each ("Ordinary Shares"). No shares were held in treasury at the date of this announcement.

The total of 713,973,440 Ordinary Shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Directors' shareholdings on Admission

Director	Number of Ordinary Shares	Percentage of Enlarged Share Capital
Mark Dickinson (Chief Executive Officer)	689,655	0.10%
Matthew Thornton (Non-Executive Director) 1	38,590,577	5.41%
Praetura Ventures (1) LLP2	11,137,039	1.56%
Richard Logan (Non-Executive Director)	344,828	0.05%

Notes:

1.        Matthew Thornton's wife, Janet Thornton, is interested in 38,590,579 and their aggregate holding will be 77,181,156 Ordinary Shares representing 10.8 per cent. of the Enlarged Share Capital.

2.        Praetura Ventures (1) LLP is a limited liability partnership whose members include Mike Fletcher (Non-Executive Chairman).

Terms used in this announcement shall have the meanings given to them in the Company's circular to shareholders dated 7 December 2018 ("Circular"). The Circular is available on the Company's website: www.inspiredplc.co.uk/category/regulatory-announcements/ 

Enquiries:

Inspired Energy plc	www.inspiredplc.co.uk
Mark Dickinson, Chief Executive Officer	+44 (0) 1772 689 250
Paul Connor, Finance Director
Shore Capital (Nomad and Joint Bookrunner)	+44 (0) 20 7408 4090
Dru Danford Edward Mansfield James Thomas
Peel Hunt LLP (Joint Bookrunner) Mike Bell Ed Allsopp Sam Cann	+44 (0) 20 7418 8900
Gable Communications	+44 (0) 20 7193 7463
Justine James John Bick	+44 (0) 7525 324431 [email protected]

Notes to Editors:

Inspired was established in 2000 and provides expert consultancy on the negotiation of energy contracts, offering a range of services to its clients through the life of each contract including market analysis, bureau services and management services with the primary aim of reducing costs for its clients.

www.inspiredplc.co.uk

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