INSE Inspired Plc

TIDMINSE

RNS Number : 1809L

Inspired Energy PLC

17 July 2017

17 July 2017

Inspired Energy plc

("Inspired Energy" or the "Group")

Grant of options

Inspired Energy (AIM: INSE), a leading energy procurement consultant to UK corporates and SMEs, announces that the Board has today approved the grant of 8,525,000 options under the Company's 2011 Share Option Scheme to certain non-Board employees of the Company. The options have an exercise price of 18.125 pence. The options vest in two tranches following release of the Company's financial results for 31 December 2019 and 31 December 2020. The exercise price was set based on the closing mid-market price of the ordinary shares on 14 July 2017. The options vest subject to continued employment.

Enquiries please contact:

 
Inspired Energy plc 
 Janet Thornton, Chief Executive     +44 (0) 1772 689250 
 Paul Connor, Finance Director       www.inspiredenergy.co.uk 
Shore Capital (Nomad and Joint 
 Broker) 
 Bidhi Bhoma 
 Edward Mansfield                   +44 (0) 20 7408 4090 
 
 Panmure Gordon (Joint Broker) 
 Ben Thorne 
 Erik Anderson                       +44 (0) 20 7886 2500 
Gable Communications               +44 (0) 20 7193 7463 
 Justine James                      +44 (0) 7525 324431 
 John Bick                          inspired@gablecommunications.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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July 17, 2017 02:00 ET (06:00 GMT)

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