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LONDON - Regent Acquisitions 2025 Limited ("Regent") has officially published an offer document detailing its all-cash bid to acquire Inspired PLC ("Inspired"), a move that follows its announcement of intent on April 22, 2025. The offer, aimed at purchasing the entire issued and to be issued share capital of Inspired not already owned by Regent, is now available for shareholders’ consideration.
Regent, through its affiliate Regent Gas Holdings Limited, currently holds roughly 29.36% of Inspired’s issued ordinary shares. The group has been a key investor since Inspired’s AIM floatation in November 2011 and has expressed concerns over Inspired’s high debt levels.
The terms of the offer set the price at 68.5 pence per Inspired share, valuing the company at approximately £109.36 million based on the 159,649,070 shares in issue as of May 6, 2025. This offer price marks a significant premium over recent trading prices, including a 71.3% increase from the January 8, 2025, placement price and a 12.3% rise over the closing price on April 17, 2025, the last business day before the offer period began.
Inspired shareholders are advised to review the offer document, which outlines the full terms, conditions, and acceptance procedures. Those holding shares in certificated form should pay particular attention to the Form of Acceptance and its instructions. Shareholders with uncertificated shares, or those held in CREST, should refer to the electronic acceptance section of the offer document.
The offer will remain open until 1:00 p.m. on July 6, 2025, unless Regent decides to bring the unconditional date forward, a scenario detailed in the offer document. Shareholders are encouraged to seek independent financial advice to make an informed decision regarding the offer.
This news is based on a press release statement from Regent Acquisitions 2025 Limited.
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