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LONDON - Regent Acquisitions 2025 Limited announced Wednesday that it has received valid acceptances for 182,450 shares of Inspired PLC, representing approximately 0.11% of the company’s issued share capital.
Combined with Regent’s existing holding of 46,865,710 Inspired shares, the company would hold 47,048,160 shares, representing approximately 29.47% of Inspired’s issued share capital if the offer becomes unconditional.
The all-cash offer, first announced on April 22, 2025, remains conditional upon Regent receiving valid acceptances representing more than 50% of Inspired’s voting rights. The offer document was published on May 7, 2025.
According to the announcement, Regent Gas Holdings Limited, part of the Wider Regent Group, currently owns 29.36% of Inspired’s shares. The company also holds warrants over 20 million Inspired shares and convertible loan notes that could convert into 2.5 million additional shares.
No irrevocable commitments or letters of intent have been received in relation to the offer, and none of the acceptances have come from persons acting in concert with Regent, according to the company.
Inspired shareholders who have not yet accepted the offer can find instructions for doing so in the offer document. For certificated shares, shareholders must complete and return the Form of Acceptance to Neville Registrars Limited, while holders of uncertificated shares should make electronic acceptances through CREST.
The announcement was made in accordance with Rule 17 of the UK Takeover Code based on a press release statement from Regent Acquisitions.
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