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LONDON - Inspired PLC (the "Company") has issued a response document today, advising its shareholders to rebuff the unsolicited takeover offer from Regent Acquisitions 2025 Limited ("Regent"). The Company’s board, with financial guidance from Evercore, unanimously considers Regent’s bid to be substantially below the company’s value and its future potential.
The board highlighted that the offer does not reflect Inspired’s solid positioning and strategy aimed at long-term value creation. They also noted that the offer price falls short when compared to similar market benchmarks and that a takeover by Regent might not align with the interests of other shareholders.
Over 49% of Inspired’s shareholders have previously signaled their unwillingness to accept Regent’s offer, as announced on April 29, 2025. Additionally, Inspired’s board is currently in advanced talks with another party about a potential offer that exceeds Regent’s bid. This unnamed entity has until 5:00 p.m. on June 29, 2025, to either confirm its intention to make an offer as per the Takeover Code or to declare otherwise.
This response from Inspired follows the offer document from Regent, which was published on May 7, 2025. The Response Document, which is in line with the City Code on Takeovers and Mergers, has been distributed to Inspired’s shareholders and others with rights to information.
The document includes a letter from the Chairman of Inspired and details on current trading and profit forecasts, which are deemed significant under the Takeover Code. The board’s recommendation is based on a thorough assessment of the offer’s inadequacy and aims to protect shareholder value.
The information in this article is based on a press release statement from Inspired PLC.
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