Inspired Capital PLC Transfer and cancellation of treasury shares (8339Y)
11 September 2015 - 1:16PM
UK Regulatory
TIDMINSC
RNS Number : 8339Y
Inspired Capital PLC
11 September 2015
11 September 2015
Inspired Capital plc
("Inspired" or the "Company")
Transfer and Cancellation of Treasury Shares
On 11 September 2015, the Company transferred 198,500 ordinary
shares of 10p each ("Ordinary Shares") held in treasury to an award
holder in satisfaction of a vested award under one of the Company's
share incentive plans (the "Transfer") and cancelled the remaining
44,753,280 Ordinary Shares held by it in treasury (the
"Cancellation").
Following the Transfer and the Cancellation, the Company's
issued ordinary share capital consists of 222,045,344 Ordinary
Shares and there are no Ordinary Shares held in treasury. The total
number of current voting rights in the Company is 222,045,344
following the Transfer and the Cancellation.
The above figure (222,045,344 Ordinary Shares) may be used by
shareholders as the denominator for the calculation by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the Company under the FCA's
Disclosure and Transparency Rules.
As announced by the Company on 27 August 2015, cancellation of
admission to trading of the Company's Ordinary Shares on AIM is
expected to be effective at 7.00 a.m. on 28 September 2015, with
trading in Inspired Capital Shares on AIM being suspended with
effect from 7.30 a.m. on 25 September 2015.
For further information please contact:
Inspired Capital plc Via Newgate
Ron Robson
Neil McMyn
+44 (0) 20 7397
Cenkos Securities 8900
Max Hartley (Corporate Finance)
Julian Morse (Sales)
+44 (0) 20 7653
Newgate 9850
Tim Thompson
Helena Bogle
About Inspired Capital plc
Inspired Capital is building by organic growth and acquisition a
new customer-friendly force in SME lending by deploying long term
capital. There is an opportunity to grow considerably in an
underserved sector, with SMEs traditionally finding credit
difficult to access from the major clearing banks that often focus
on the security and stability of retail and larger corporate
lending.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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