REG - Inspired PLC - Rule 2.9 Announcement

InspiredAnnouncement

23/04/2025 07:00

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RNS Number : 7558F  Inspired PLC  23 April 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.

 

FOR IMMEDIATE RELEASE

 

23 April 2025

 

Inspired PLC

("Inspired" or the "Company")

Rule 2.9 Announcement

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers (the
"Takeover Code"), the Company confirms that, as at the date and time of this
announcement, it had 159,645,070 ordinary shares of £0.0125 each in issue and
admitted to trading on the Alternative Investment Market of the London Stock
Exchange and the Group does not hold any shares in treasury. Consequently,
159,645,070 is the figure which 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 to their interest in, Inspired under the
FCA's Disclosure and Transparency Rules.

The International Securities Identification Number (ISIN) for the Company's
ordinary shares is GB00BR2Q0V58 and the Company's LEI number is
2138009UAKLCYEQPM829.

 

Enquiries:

 

 Inspired PLC                                                          Tel: +44 (0)1772 689 250
 Mark Dickinson, CEO

 Paul Connor, CFO

 Evercore Partners International LLP (Financial Adviser to Inspired)  Tel: +44 (0)20 7653 6000
 Ed Banks

 Dimi Georgiou

 Wladimir Wallaert

 Shore Capital (Nomad and Joint Broker)                               Tel: +44 (0)20 7408 4090
 Patrick Castle

 James Thomas

 Sophie Collins

 Panmure Liberum (Joint Broker)                                       Tel: +44 (0)20 3100 2000
 Edward Mansfield

 Satbir Kler

 Joshua Borlant

 

 

Publication on a website

 

In accordance with Rule 26.1 of the Code, a copy of this announcement will be
available (subject to certain restrictions relating to persons resident in
restricted jurisdictions) at https://inspiredplc.co.uk/investors/
(https://inspiredplc.co.uk/investors/) .

 

Disclosure requirements of the Code

 

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of
any class of relevant securities of an offeree company or of any securities
exchange offeror (being any offeror other than an offeror in respect of which
it has been announced that its offer is, or is likely to be, solely in cash)
must make an Opening Position Disclosure following the commencement of the
offer period and, if later, following the announcement in which any securities
exchange offeror is first identified. An Opening Position Disclosure must
contain details of the person's interests and short positions in, and rights
to subscribe for, any relevant securities of each of (i) the offeree company
and (ii) any securities exchange offeror(s). An Opening Position Disclosure by
a person to whom Rule 8.3(a) of the Code applies must be made by no later than
3.30 pm (London time) on the 10th business day following the commencement of
the offer period and, if appropriate, by no later than 3.30 pm (London time)
on the 10th business day following the announcement in which any securities
exchange offeror is first identified. Relevant persons who deal in the
relevant securities of the offeree company or of a securities exchange offeror
prior to the deadline for making an Opening Position Disclosure must instead
make a Dealing Disclosure.

 

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1%
or more of any class of relevant securities of the offeree company or of any
securities exchange offeror must make a Dealing Disclosure if the person deals
in any relevant securities of the offeree company or of any securities
exchange offeror. A Dealing Disclosure must contain details of the dealing
concerned and of the person's interests and short positions in, and rights to
subscribe for, any relevant securities of each of (i) the offeree company and
(ii) any securities exchange offeror, save to the extent that these details
have previously been disclosed under Rule 8 of the Code. A Dealing Disclosure
by a person to whom Rule 8.3(b) of the Code applies must be made by no later
than 3.30 pm (London time) on the business day following the date of the
relevant dealing.

 

If two or more persons act together pursuant to an agreement or understanding,
whether formal or informal, to acquire or control an interest in relevant
securities of an offeree company or a securities exchange offeror, they will
be deemed to be a single person for the purpose of Rule 8.3 of the Code.

 

Opening Position Disclosures must also be made by the offeree company and by
any offeror and Dealing Disclosures must also be made by the offeree company,
by any offeror and by any persons acting in concert with any of them (see
Rules 8.1, 8.2 and 8.4 of the Code).

 

Details of the offeree and offeror companies in respect of whose relevant
securities Opening Position Disclosures and Dealing Disclosures must be made
can be found in the Disclosure Table on the Takeover Panel's website at
www.thetakeoverpanel.org.uk, including details of the number of relevant
securities in issue, when the offer period commenced and when any offeror was
first identified. You should contact the Panel's Market Surveillance Unit on
+44 (0)20 7638 0129 if you are in any doubt as to whether you are required to
make an Opening Position Disclosure or a Dealing Disclosure.

 

Disclaimer

 

Evercore Partners International LLP ("Evercore"), which is authorised and
regulated by the Financial Conduct Authority ("FCA") in the UK, is acting
exclusively as financial adviser to Inspired and no one else in connection
with the matters described in this announcement and will not be responsible to
anyone other than Inspired for providing the protections afforded to clients
of Evercore nor for providing advice in connection with the matters referred
to herein. Neither Evercore nor any of its subsidiaries, branches or
affiliates owes or accepts any duty, liability or responsibility whatsoever
(whether direct or indirect, whether in contract, in tort, under statute or
otherwise) to any person who is not a client of Evercore in connection with
this announcement, any statement contained herein, any offer or otherwise.
Apart from the responsibilities and liabilities, if any, which may be imposed
on Evercore by the Financial Services and Markets Act 2000, or the regulatory
regime established thereunder, or under the regulatory regime of any
jurisdiction where exclusion of liability under the relevant regulatory regime
would be illegal, void or unenforceable, neither Evercore nor any of its
affiliates accepts any responsibility or liability whatsoever for the contents
of this announcement, and no representation, express or implied, is made by
it, or purported to be made on its behalf, in relation to the contents of this
announcement, including its accuracy, completeness or verification of any
other statement made or purported to be made by it, or on its behalf, in
connection with Inspired or the matters described in this document. To the
fullest extent permitted by applicable law, Evercore and its affiliates
accordingly disclaim all and any responsibility or liability whether arising
in tort, contract or otherwise (save as referred to above) which they might
otherwise have in respect of this announcement, or any statement contained
herein.

 

Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited
(either individually or collectively "Shore Capital"), which are authorised
and regulated by the Financial Conduct Authority ("FCA") in the UK, are acting
exclusively for Inspired and no one else in connection with the matters
described in this announcement and will not be responsible to anyone other
than Inspired for providing the protections afforded to clients of Shore
Capital nor for providing advice in connection with the matters referred to
herein. Neither Shore Capital nor any of its subsidiaries, branches or
affiliates owes or accepts any duty, liability or responsibility whatsoever
(whether direct or indirect, whether in contract, in tort, under statute or
otherwise) to any person who is not a client of Shore Capital in connection
with this announcement, any statement contained herein, any offer or
otherwise. Apart from the responsibilities and liabilities, if any, which may
be imposed on Shore Capital by the Financial Services and Markets Act 2000, or
the regulatory regime established thereunder, or under the regulatory regime
of any jurisdiction where exclusion of liability under the relevant regulatory
regime would be illegal, void or unenforceable, neither Shore Capital nor any
of its affiliates accepts any responsibility or liability whatsoever for the
contents of this announcement, and no representation, express or implied, is
made by it, or purported to be made on its behalf, in relation to the contents
of this announcement, including its accuracy, completeness or verification of
any other statement made or purported to be made by it, or on its behalf, in
connection with Inspired or the matters described in this document. To the
fullest extent permitted by applicable law, Shore Capital and its affiliates
accordingly disclaim all and any responsibility or liability whether arising
in tort, contract or otherwise (save as referred to above) which they might
otherwise have in respect of this announcement, or any statement contained
herein.

 

Panmure Liberum Limited ("Panmure Liberum"), which is authorised and regulated
in the United Kingdom by the FCA, is acting as corporate broker exclusively
for Inspired and no one else in connection with the matters set out in this
announcement. Panmure Liberum will not regard any other person as its client
in relation to the matters or arrangement set out in this announcement and
will not be responsible to anyone other than Inspired for providing the
protections afforded to clients of Panmure Liberum, nor for providing advice
in relation to matters or arrangements referred to in this announcement.
Neither Panmure Liberum nor any of its affiliates (nor their respective
directors, officers, employees or agents) owes or accepts any duty, liability
or responsibility whatsoever (whether direct or indirect, whether in contract,
in tort, under statute or otherwise) to any person who is not a client of
Panmure Liberum in connection with this announcement, any statement contained
herein or otherwise. No representation or warranty, express or implied, is
made by Panmure Liberum as to the contents of this announcement.

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