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Inspired PLC announced on June 2, 2025, the grant of an aggregate of 1,317,190 nil-cost options over ordinary shares of £0.0125 each under its Incentive Plan to three directors. Mark Dickinson received 545,693 options, Paul Connor received 395,157 options, and David Cockshott received 376,340 options. These options, for the FY23 financial year, are exercisable from March 26, 2027, subject to continued employment, following approval from the Takeover Panel.
| Date | 2 Jun 2025 |
| Time | 14:19:06 |
| Category | Director/PDMR dealings |
| ID | 0678L |
2 June 2025
Inspired PLC
("Inspired", the "Company" or the "Group")
Grant of awards to Directors under
the Inspired PLC Incentive Plan
Inspired (AIM:INSE), the UK's leading energy and sustainability adviser, announces the grant of options ("Options") over ordinary shares of £0.0125 each in the Company to certain directors under the Inspired plc Incentive Plan ("Plan") in respect of the FY23 financial year.
Under the Plan, the Options will be exercisable at nil cost from 26 March 2027, subject to continued employment. These Options would have normally been formally granted during 2024 but that was not possible due to regulatory restrictions under the UK Market Abuse Regulation. The Company is now able to grant the Options having received approval to do so from the Takeover Panel.
In aggregate, 1,317,190 Options have been granted to the following directors of the Company:
|
Name of Director |
Number of Options |
|
Mark Dickinson |
545,693 |
|
Paul Connor |
395,157 |
|
David Cockshott |
376,340 |
Further details of the Plan and its rules are set out in the Company's 2021 Annual Report, and further details relating to performance under the Plan for the FY23 financial year are set out in the Company's 2023 Annual Report. The Options are subject to the malus and clawback provisions in the Plan. All unexercised Options will lapse on the day falling immediately prior to the tenth anniversary of the date of grant.
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 Option grants.
Enquiries please contact:
|
Inspired PLC Mark Dickinson (Chief Executive Officer) Paul Connor (Chief Financial Officer) David Cockshott (Chief Commercial Officer)
|
+44 (0) 1772 689250
|
|
Shore Capital (Nominated Adviser and Joint Broker) Patrick Castle James Thomas Sophie Collins
|
+44 (0) 20 7408 4090
|
|
Panmure Liberum (Joint Broker) Edward Mansfield Satbir Kler Joshua Borlant
|
+44 (0)20 7418 8900 |
|
Alma Strategic Communications Justine James Hannah Campbell Will Ellis Hancock
|
+44 (0) 20 3405 0205 +44 (0) 7525 324431 |
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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 /Amendment |
Initial notification |
||||
|
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 the financial instrument, type of instrument
|
Nil Cost Options over Ordinary Shares of £0.0125 each |
||||
|
Identification code |
ISIN: GB00B5TZC716 |
|||||
|
|
|
|||||
|
b)
|
Nature of the transaction
|
Grant of share awards under the Inspired plc Incentive Plan.
|
||||
|
c)
|
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated Information
Volume
Price |
n/a single transaction
|
||||
|
e) |
Date of transaction |
2 June 2025 |
||||
|
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 /Amendment |
Initial notification |
||||
|
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 the financial instrument, type of instrument
|
Nil Cost Options over Ordinary Shares of £0.0125 each |
||||
|
Identification code |
ISIN: GB00B5TZC716 |
|||||
|
|
|
|||||
|
b)
|
Nature of the transaction
|
Grant of share awards under the Inspired plc Incentive Plan.
|
||||
|
c)
|
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated Information
Volume
Price |
n/a single transaction
|
||||
|
e) |
Date of transaction |
2 June 2025 |
||||
|
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 /Amendment |
Initial notification |
||||
|
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 the financial instrument, type of instrument
|
Nil Cost Options over Ordinary Shares of £0.00125 each |
||||
|
Identification code |
ISIN: GB00B5TZC716 |
|||||
|
|
|
|||||
|
b)
|
Nature of the transaction
|
Grant of share awards under the Inspired plc Incentive Plan.
|
||||
|
c)
|
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated Information
Volume
Price |
n/a single transaction
|
||||
|
e) |
Date of transaction |
2 June 2025 |
||||
|
f) |
Place of transaction |
Outside a trading venue |
||||