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LONDON - Shareholders representing nearly half of Inspired PLC’s voting rights have signaled their refusal to accept an unsolicited acquisition offer from Regent Acquisitions 2025 Limited. The offer, announced on April 22, 2025, proposed purchasing Inspired shares at 68.5p each, a 12% premium over the closing price prior to the offer.
Gresham House Asset Management Limited, a major shareholder controlling 29.73% of Inspired’s issued share capital, was the first to declare the offer as a significant undervaluation of the company. Since then, confirmations of similar intent not to accept the offer have been received from five other shareholders, collectively holding an additional 17.87% of the share capital. Inspired’s board directors, who own 1.55% of the shares, have also expressed their intentions to reject Regent’s proposal.
Major shareholders such as Slater Investment Limited, Otus Capital Management, Castlefield Investment Partners LLP, William Currie Investments Limited, and individual shareholder David Leahy have all stated their belief that the offer does not reflect Inspired’s true value.
The collective stance of these shareholders and directors, who together hold or control 49.15% of Inspired’s shares, poses a substantial hurdle for Regent’s acquisition attempt. The Board of Inspired has advised shareholders not to take any action at this time, indicating that further announcements will be made when appropriate.
This resistance from nearly half of Inspired’s shareholders underscores the complexities of acquisition strategies and reflects the importance of shareholder perception in valuing a company. The information is based on a press release statement from Inspired PLC.
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