Insig AI Plc PDMR Dealing
02 October 2024 - 8:14PM
RNS Regulatory News
RNS Number : 6645G
Insig AI Plc
02 October 2024
2 October 2024
Insig AI
plc
("Insig AI" or the
"Company")
PDMR
dealings
Insig AI plc (AIM: INSG), the data
science and machine learning group, has
been notified that, Richard Bernstein, Chief Executive Officer of
the Company, has purchased a call option over 3,000,000 ordinary
shares of 1 pence each in the Company ("Ordinary Shares"),
representing approximately 2.5% of the current issued share capital
of the Company, from an existing shareholder at a cost of 1.5 pence
per share option (the "Call Option"). The Call Option expires on 31
March 2025 and has an exercise price of 15 pence per Ordinary
Share.
Mr Bernstein's shareholding remains
unchanged at 22,203,380 Ordinary Shares, which represents 18.94% of
Insig AI's current total voting rights. This is in addition to the
interest he now has in Ordinary Shares by virtue of the Call
Option.
For further information, please
visit www.insg.ai or
contact:
|
Insig AI plc
|
|
|
Richard Bernstein, CEO
|
richard.bernstein@insg.ai
|
|
Zeus (Nominated Adviser
& Broker)
David Foreman / James
Hornigold
|
+44 (0)
203 829 5000
|
Notification and public disclosure
of transactions by persons discharging
managerial
responsibilities and persons closely associated with them:
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Richard Bernstein
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Insig AI plc
|
|
b)
|
LEI
|
21380098CKBAG1NWCD98
|
|
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 the financial
instrument, type of instrument
|
Call option over Ordinary
Shares
|
|
|
|
|
Identification code
|
GB00BYV31355
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of a call option
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
1.5 pence (exercise price of 15
pence)
|
3,000,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A single transaction
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
2 October 2024
|
|
f)
|
Place of the
transaction
|
London Stock Exchange
|
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END
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