TIDMINSE
RNS Number : 7365A
Inspired PLC
26 May 2023
26 May 2023
Inspired PLC
("Inspired", the "Company" or the "Group")
Grant of awards to Directors under
the Inspired PLC Incentive Plan
Inspired (AIM:INSE), a leading technology enabled service
provider supporting businesses in their drive to net-zero and
controlling energy costs, announces the grant of options
("Options") over ordinary shares of GBP0.00125 each in the Company
("Shares") to certain directors under the Inspired plc Incentive
Plan ("Plan") in respect of the FY22 financial year.
Under the Plan, the Options will be exercisable at nil cost
after three years subject to continued employment.
In aggregate, 4,689,840 Options have been granted to the
following directors of the Company:
Name of Director Number of Options
Mark Dickinson 1,942,934
------------------
Paul Connor 1,406,952
------------------
David Cockshott 1,339,954
------------------
Further details of the Plan and its rules are set out in the
Company's 2021 Annual Report. As set out in the Plan rules, the
number of Shares vesting under each Option may be increased to the
extent that share price targets are met and all Nil Cost Options
are subject to the malus and clawback provisions. All unexercised
Options will lapse on the day falling immediately prior to the
tenth anniversary of the date of grant.
The Options were granted on 25 May 2023 and will vest on 25 May
2026.
The notification at the end of this RNS, made in accordance with
the requirements of the UK Market Abuse Regulation, provides
further detail on the Director grants.
Enquiries please contact:
Inspired PLC www.inspiredplc.co.uk
Mark Dickinson (Chief Executive Officer) +44 (0) 1772 689250
Paul Connor (Chief Financial Officer)
David Cockshott (Chief Commercial Officer)
Shore Capital (Nominated Adviser and
Joint Broker)
Patrick Castle
James Thomas
Rachel Goldstein +44 (0) 20 7408 4090
Liberum (Joint Broker)
Edward Mansfield
William Hall +44 (0)20 3100 2000
Alma PR +44 (0) 20 3405 0205
Justine James +44 (0) 7525 324431
Hannah Campbell inspired@almapr.co.uk
Will Ellis Hancock
Notes to editors
Inspired PLC is a leading technology enabled service provider of
energy advisory and sustainability services, supporting businesses
in their drive to net zero, controlling energy costs and managing
their response to climate change.
Founded in 2000, Inspired operates three divisions: Energy
Solutions (Assurance and Optimisation), Software Solutions and ESG
Solutions, providing expert energy advisory and sustainability
services to over 3,400 businesses in the UK and Ireland who
typically spend more than GBP100,000 on energy and water per
year.
Inspired has been recognised with the London Stock Exchange's
Green Economy market since 2020 for its environmental and strategic
advice, service, and support to customers and is also ranked as the
UK's leading advisor by the independent energy market intelligence
consultancy, Cornwall Insight.
The notification set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation
1 Details of the person discharging managerial responsibilities
/ person closely associate
a) Name Mark Dickinson
---------------------------- ------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Inspired plc
---------------------------- ------------------------------------------
b) LEI 2138009UAKLCYEQPM829
---------------------------- ------------------------------------------
4 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
------------------------------------------------------------------------
a) Description of Nil Cost Options over Ordinary Shares of
the financial instrument, GBP0.00125 each
type of instrument
Identification ISIN: GB00B5TZC716
code
b) Nature of the transaction Grant of share awards under the Inspired
plc Incentive Plan.
---------------------------- ------------------------------------------
c) Price(s) and volume(s) Price per share Volume
Nil 1,942,934
----------
---------------------------- ------------------------------------------
d) Aggregated Information n/a single transaction
Volume
Price
---------------------------- ------------------------------------------
e) Date of transaction 25 May 2023
---------------------------- ------------------------------------------
f) Place of transaction Outside a trading venue
---------------------------- ------------------------------------------
The notification set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation
1 Details of the person discharging managerial responsibilities
/ person closely associate
a) Name Paul Connor
---------------------------- ------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Chief Financial Officer
---------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Inspired plc
---------------------------- ------------------------------------------
b) LEI 2138009UAKLCYEQPM829
---------------------------- ------------------------------------------
4 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
------------------------------------------------------------------------
a) Description of Nil Cost Options over Ordinary Shares of
the financial instrument, GBP0.00125 each
type of instrument
Identification ISIN: GB00B5TZC716
code
b) Nature of the transaction Grant of share awards under the Inspired
plc Incentive Plan.
---------------------------- ------------------------------------------
c) Price(s) and volume(s) Price per share Volume
Nil 1,406,952
----------
---------------------------- ------------------------------------------
d) Aggregated Information n/a single transaction
Volume
Price
---------------------------- ------------------------------------------
e) Date of transaction 25 May 2023
---------------------------- ------------------------------------------
f) Place of transaction Outside a trading venue
---------------------------- ------------------------------------------
The notification set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation
1 Details of the person discharging managerial responsibilities
/ person closely associate
a) Name David Cockshott
---------------------------- ------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Chief Commercial Officer
---------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Inspired plc
---------------------------- ------------------------------------------
b) LEI 2138009UAKLCYEQPM829
---------------------------- ------------------------------------------
4 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
------------------------------------------------------------------------
a) Description of Nil Cost Options over Ordinary Shares of
the financial instrument, GBP0.00125 each
type of instrument
Identification ISIN: GB00B5TZC716
code
b) Nature of the transaction Grant of share awards under the Inspired
plc Incentive Plan.
---------------------------- ------------------------------------------
c) Price(s) and volume(s) Price per share Volume
Nil 1,339,954
----------
---------------------------- ------------------------------------------
d) Aggregated Information n/a single transaction
Volume
Price
---------------------------- ------------------------------------------
e) Date of transaction 25 May 2023
---------------------------- ------------------------------------------
f) Place of transaction Outside a trading venue
---------------------------- ------------------------------------------
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END
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(END) Dow Jones Newswires
May 26, 2023 02:00 ET (06:00 GMT)
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