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Inspired PLC Shareholders Reject Regent’s Offer

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

Inspired PLC, a company in the energy sector, is facing an unsolicited offer from Regent Acquisitions 2025 Limited at a price of 68.5p per share, which represents a 12% premium over the previous closing price. However, shareholders controlling 49.15% of Inspired’s share capital, including major stakeholders like Gresham House Asset Management and Slater Investment Limited, have expressed their intention not to accept the offer, citing that it undervalues the company. The Board of Inspired has urged shareholders not to take any action at this time.

More about Inspired Energy

YTD Price Performance: 65.06%

Average Trading Volume: 451,962

Technical Sentiment Signal: Hold

Current Market Cap: £109.4M

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

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