Regent Acquisitions announces cash bid for Inspired PLC

LONDON - Regent Acquisitions 2025 Limited has made a cash offer to acquire the entire issued and to be issued share capital of Inspired PLC, a leading UK energy and sustainability advisory firm. The offer values Inspired at approximately £109.35 million, with each Inspired shareholder set to receive 68.5 pence per share in cash.

This offer represents a significant premium over recent trading prices, including a 71.3% increase over the price per Inspired Share from a January 2025 placing and a 12.3% premium over the closing price on the most recent practicable date.

Regent, which has been a substantial shareholder in Inspired since the company’s AIM flotation in November 2011, currently holds approximately 29.36% of Inspired’s issued ordinary share capital. The acquisition is intended to be completed via a takeover offer, with the possibility of a Scheme of Arrangement if Regent elects to do so and obtains Panel consent.

The move comes after Regent expressed concerns about Inspired’s high levels of debt and participated in an emergency fundraise in December 2024 to support the company. Regent’s proposal includes an operational efficiency program aimed at prioritizing cash generation and debt reduction, with the goal of Inspired becoming debt-free by the end of 2027.

Regent has stated its intention to maintain Inspired’s AIM listing, allowing shareholders who do not accept the offer to remain invested in the company. The offer is conditional on receiving acceptances that result in Regent and its concert parties holding over 50% of the voting rights.

The offer will remain open until the 21st day following the publication of the Offer Document, unless extended by Regent. The financing for the offer will come from Regent’s existing cash resources, with SPARK Advisory Partners Limited confirming the availability of sufficient funds.

Inspired PLC offers a suite of services to businesses managing their energy consumption and sustainability strategies, crucial in the transition to a net-zero economy. The offer is subject to the terms set out in the Offer Document, which will be dispatched to shareholders within the next 28 days.

This announcement is based on a press release statement and aims to provide shareholders with the key information regarding the offer.

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