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Completed Secondary Placing for £5.0 million

Inspired Energy plc (AIM: INSE), a leading energy procurement consultant to UK corporates, is pleased to announce that Shore Capital Stockbrokers Limited (“Shore Capital”) and Panmure Gordon UK Limited (“Panmure Gordon”) have concluded a placing on behalf of certain directors and an existing shareholder for approximately 37.7 million existing ordinary shares of 0.125p each in […]

Inspired Energy plc (AIM: INSE), a leading energy procurement consultant to UK corporates, is pleased to announce that Shore Capital Stockbrokers Limited (“Shore Capital”) and Panmure Gordon UK Limited (“Panmure Gordon”) have concluded a placing on behalf of certain directors and an existing shareholder for approximately 37.7 million existing ordinary shares of 0.125p each in the Group (the “Placing Shares”) representing 7.8% of the Enlarged Share Capital of the Group (the “Placing”) with, amongst others, new and existing institutional investors, at a price of 13.25 pence per Placing Share….

Read the full announcement here