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LONDON - Inspired PLC (LSE:INPD), a UK-based company, has publicly responded to an unsolicited takeover offer from Regent Acquisitions 2025 Limited ("Regent"). On Tuesday, Regent announced its intention to acquire all issued and to be issued shares of Inspired not already owned by the Wider Regent Group for 68.5 pence per share. Inspired’s Board was not approached prior to this announcement and has unanimously stated that the offer significantly undervalues the company.
The offer from Regent represents a mere 12% premium over Inspired’s closing share price the day before the announcement and is lower than last month’s trading prices. Inspired’s Board views the bid as an opportunistic attempt by Regent to gain control without offering a fair premium for the company’s value.
Inspired is currently seeking financial counsel from Evercore and plans to issue a formal response to Regent’s offer in the near future. Meanwhile, the Board has advised shareholders to refrain from taking any action at this time.
The company has entered an "offer period" as per the Takeover Code, and shareholders are reminded to adhere to the dealing disclosure requirements outlined in Rule 8 of the Code.
This disclosure is based on a press release statement by Inspired PLC and has not been endorsed by Regent Acquisitions 2025 Limited.
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