REG - Insig AI Plc - Equity Subscription, TVR and PDMR Dealing

Insig AiAnnouncement

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RNS Number : 3892B  Insig AI Plc  22 April 2026

22 April 2026

Insig AI plc

("Insig AI" or the "Company")

Equity Subscription, Total Voting Rights and PDMR Dealings

 

On 1 April 2026, the Company announced that the Board had received an
expression of interest from Richard Bernstein, Chief Executive, to invest
£0.5 million in equity at 20p per share, a substantial premium to the
prevailing share price.

On 1 April 2026, the Company also announced it has evaluated over 100 digital
asset investment opportunities, with a focus on identifying ventures with the
capacity to deliver exceptional returns for shareholders. The Company noted
that some of these discussions are more advanced than others and in recent
weeks, these discussions have continued to progress.

Whilst Richard Bernstein remains interested in investing £0.5 million,
the Board has resolved to accept an initial £250,000 of equity funding
from Richard Bernstein. These funds will be used for general working capital
purposes and potentially into a specific digital asset investment that meets
the Company's investment criteria.

This equity investment is deemed to be an AIM Rule 13 'Related Party
Transaction'.  The directors of the Company excluding Richard Bernstein, deem
the terms to be fair and reasonable. Richard Bernstein will now subscribe for
1,250,000 new ordinary shares at 20p per share (the "Subscription"). This
subscription price represents a premium of 21.2% to the closing share price
of 16.5 pence on 21 April 2026.

Following the Subscription, Richard Bernstein's beneficial interest in the
Company will total 22,250,000 ordinary shares ("Subscription Shares"), which
represents 17.63% of Insig AI's enlarged total voting rights.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for admission of the
Subscription Shares to trading on AIM ("Admission"). Admission is expected to
become effective, and dealings in the Subscription Shares are anticipated to
commence on or around 27 April 2026.

Following Admission, the issued share capital and total voting rights of the
Company will be 126,212,212. Shareholders may use this figure as the
denominator to determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

Richard Bernstein, Chief Executive of Insig AI, commented:

"This is an exciting time for the business. I am pleased to be increasing my
investment."

 

For further information, please visit www.insig.ai (http://www.insig.ai)  or
contact:

 Insig AI plc
 Richard Bernstein                      richard.bernstein@insig.ai (mailto:richard.bernstein@insig.ai)

 Zeus (Nominated Adviser & Broker)
 David Foreman / James Hornigold        +44 (0)20 3829 5000
 CMC Markets Joint Broker
 Doug Crippin                            +44 (0)20 3003 8632

 

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  Ordinary Shares of 1 pence each

      Identification code                                          GB00BYV31355

 b)   Nature of the transaction                                    Equity Subscription

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     20.00p            1,250,000

 d)   Aggregated information                                       As above

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      21 April 2026

 f)   Place of the transaction                                     London Stock Exchange

 

 

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