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On 5 September 2024, Richard Bernstein, CEO of Insig AI plc, purchased 400,000 ordinary shares at 12.69 pence each, increasing his total shareholding to 22,203,380 shares, representing 18.94% of the company's total voting rights. Additionally, Sophie Wilson, a person closely associated with Chairman John Wilson, purchased 400,000 ordinary shares at 13.06 pence each on the same date, bringing John Wilson and his closely related persons' aggregate shareholding to 2,300,000 shares, representing 1.95% of total voting rights.
| Date | 6 Sept 2024 |
| Time | 07:00:09 |
| Category | Director/PDMR dealings |
| ID | 1526D |
6 September 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 400,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 12.69 pence per Ordinary Share. Following the purchase, Mr Bernstein's shareholding stands at 22,203,380 Ordinary Shares, which represents 18.94% of Insig AI's current total voting rights.
In addition the Company has been notified that Sophie Wilson, a person closely associated with John Wilson, Independent Non-Executive Chairman of the Company, has also purchased 400,000 Ordinary Shares at a price of 13.06 pence per Ordinary Share. Following the purchase, John Wilson and his closely related persons' shareholding is 2,300,000 Ordinary Shares in Insig AI, which represents 1.95% of Insig AI's current total voting rights.
For further information, please visit www.insg.ai or contact:
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Insig AI plc |
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Richard Bernstein, CEO |
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Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold |
+44 (0) 203 829 5000
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Richard Bernstein |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Insig AI plc |
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b)
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LEI
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21380098CKBAG1NWCD98 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 1 pence each |
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Identification code |
GB00BYV31355 |
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b)
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Nature of the transaction
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Purchase of shares
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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12.69 pence |
400,000
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d)
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Aggregated information |
N/A single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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5 September 2024 |
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f)
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Place of the transaction
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London Stock Exchange |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Sophie Wilson |
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2
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Reason for the notification
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a)
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Position/status
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Person closely associated to John Wilson |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Insig AI plc |
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b)
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LEI
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21380098CKBAG1NWCD98 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 1 pence each |
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Identification code |
GB00BYV31355 |
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b)
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Nature of the transaction
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Purchase of shares
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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13.06 pence |
400,000
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d)
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Aggregated information |
N/A single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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5 September 2024 |
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f)
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Place of the transaction
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London Stock Exchange |
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