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Inspired PLC Successfully Completes Fundraise to Boost Operations

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Inspired PLC Successfully Completes Fundraise to Boost Operations

Inspired Energy ( (GB:INSE) ) just unveiled an announcement.

Inspired PLC announced the successful passing of all resolutions at their General Meeting, leading to the completion of a fundraise involving the issuance of 53,125,000 new Ordinary Shares through a Placing, raising £21.25 million, and 1,025,535 new Ordinary Shares through a Retail Offer, raising £0.41 million. This move is expected to enhance Inspired’s operational capabilities and market positioning, with significant participation from directors and a notable stake held by GHAM in the company’s enlarged share capital.

More about Inspired Energy

Inspired PLC is a leading technology-enabled service provider that delivers solutions for businesses to transition to net-zero and manage their response to climate change.

YTD Price Performance: 15.66%

Average Trading Volume: 111,081

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £50.64M

See more insights into INSE stock on TipRanks’ Stock Analysis page.

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