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LONDON - Regent Acquisitions 2025 Limited announced Wednesday that it has received valid acceptances for approximately 0.11% of Inspired PLC’s issued share capital in its ongoing cash offer for the company.
According to a press release statement, Regent has received acceptances for 174,248 Inspired shares as of 1:00 p.m. London time. Combined with Regent’s existing holding of 46,865,710 shares, the company would control approximately 29.46% 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.
Regent Gas Holdings Limited, part of the Wider Regent Group, currently owns 29.36% of Inspired’s share capital. The company also holds warrants for 20 million additional Inspired shares and convertible loan notes that could convert to 2.5 million shares.
The offer document containing full terms and acceptance procedures was published on May 7, 2025. Shareholders holding certificated shares must complete and return the Form of Acceptance to Neville Registrars Limited, while those with uncertificated shares should submit electronic acceptances through CREST.
If the offer becomes unconditional, Regent has committed to keeping it open for acceptances for at least 14 days following the unconditional date.
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