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Inspired PLC Executives Sell Shares Amid Acquisition by Intrepid Bidco

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Inspired PLC Executives Sell Shares Amid Acquisition by Intrepid Bidco

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Inspired Energy ( (GB:INSE) ) has issued an announcement.

Inspired PLC announced that its key executives, including the CEO, CFO, and other directors, have sold all their shares in the company following an unconditional cash offer by Intrepid Bidco Ltd. This acquisition by Intrepid Bidco, a company indirectly owned by funds managed by HGGC, LLC and its affiliates, involves the entire issued and to-be-issued share capital of Inspired. The transaction is significant as it marks a change in ownership and could potentially impact Inspired’s strategic direction and market positioning.

The most recent analyst rating on (GB:INSE) stock is a Buy with a £91.00 price target. To see the full list of analyst forecasts on Inspired Energy stock, see the GB:INSE Stock Forecast page.

Spark’s Take on GB:INSE Stock

According to Spark, TipRanks’ AI Analyst, GB:INSE is a Outperform.

The overall score of 77 reflects strong corporate events and valuation, with a significant acquisition offer providing a premium to shareholders. Financial performance shows recovery and stability, while technical analysis indicates positive momentum. The absence of earnings call data limits insights into future guidance.

To see Spark’s full report on GB:INSE stock, click here.

More about Inspired Energy

Inspired PLC is a leading technology-enabled service provider that supports businesses in their efforts to achieve net-zero emissions, control energy costs, and manage their response to climate change.

Average Trading Volume: 627,916

Technical Sentiment Signal: Hold

Current Market Cap: £132.9M

Learn more about INSE stock on TipRanks’ Stock Analysis page.

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