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Inspirit Energy Holdings PLC announced on 3 May 2022 the settlement of a complaint by the U.S. Securities and Exchange Commission. This complaint, which the company noted on 29 December 2020 as being for matters unrelated to Inspirit, involved Inspirit's Chairman John Gunn, director Nilesh Jagatia, and GIS (of which Gunn and Jagatia are also directors), and was settled on a consensual and no admit no deny basis.
| Date | 3 May 2022 |
| Time | 16:05:58 |
| Category | Miscellaneous |
| ID | 1655K |
3 May 2022
Inspirit Energy Holdings PLC
("Inspirit" or the "Company")
Note re Board of Directors
Inspirit refers to its announcement of 29 December 2020 noting that the Company's Chairman and GIS, of which John Gunn and Nilesh Jagatia (directors of Inspirit), are also directors, were parties to a complaint of the U.S. Securities and Exchange Commission, in respect of matters unrelated to Inspirit.
The Company notes that such complaint has now been settled on a consensual and no admit no deny basis.
More information on Inspirit Energy can be found at: www.inspirit-energy.com
For further information please contact:
Inspirit Energy Holdings plc
John Gunn, Chairman and CEO +44 (0) 207 048 9400
Beaumont Cornish Limited (Nominated Advisor)
Roland Cornish / James Biddle +44 (0) 207 628 3396
Global Investment Strategy UK Ltd (Broker)
Samantha Esqulant +44 (0) 207 048 9045