REG - Insig AI Plc - PDMR Dealing

Insig AiAnnouncement

02/10/2024 11:15

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RNS Number : 6645G  Insig AI Plc  02 October 2024

2 October 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 a call option over 3,000,000 ordinary shares of 1 pence each in
the Company ("Ordinary Shares"), representing approximately 2.5% of the
current issued share capital of the Company, from an existing shareholder at a
cost of 1.5 pence per share option (the "Call Option"). The Call Option
expires on 31 March 2025 and has an exercise price of 15 pence per Ordinary
Share.

Mr Bernstein's shareholding remains unchanged at 22,203,380 Ordinary Shares,
which represents 18.94% of Insig AI's current total voting rights. This is in
addition to the interest he now has in Ordinary Shares by virtue of the Call
Option.

 

For further information, please visit www.insg.ai
(https://zeuscapitalltd.sharepoint.com/sites/CatenaCF/Shared%20Documents/General/Announcements/2024/(4)%20April/www.insg.ai)
 or contact:

 Insig AI plc
 Richard Bernstein, CEO                  richard.bernstein@insg.ai
                                         (https://zeuscapitalltd.sharepoint.com/sites/CatenaCF/Shared%20Documents/General/Announcements/2024/(4)%20April/richard.bernstein@insg.ai)
 Zeus (Nominated Adviser & Broker)       +44 (0) 203 829 5000

 David Foreman / James Hornigold

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  Call option over Ordinary Shares

      Identification code                                          GB00BYV31355

 b)   Nature of the transaction                                    Purchase of a call option

 c)   Price(s) and volume(s)

                                                                                     Price(s)                                Volume(s)
                                                                                     1.5 pence (exercise price of 15 pence)  3,000,000

 d)   Aggregated information                                       N/A single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      2 October 2024

 f)   Place of the transaction                                     London Stock Exchange

 

 

 

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