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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 172,498 Inspired shares as of 1:00 p.m. London time on June 11. 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 offer, first announced on April 22, 2025, remains conditional on Regent receiving valid acceptances representing more than 50% of Inspired’s voting rights. The offer document was published on May 7.
Regent Gas Holdings Limited, part of the Wider Regent Group, currently owns 29.36% of Inspired’s shares and holds warrants that could be exercised for an additional 20 million shares. The company also possesses convertible loan notes that could be converted into 2.5 million Inspired shares.
The company confirmed that no irrevocable commitments or letters of intent have been received from Inspired shareholders, and none of the acceptances have come from persons acting in concert with Regent.
Inspired shareholders who have not yet accepted the offer can do so by following the procedures outlined in the offer document, with the deadline for acceptance set at 1:00 p.m. London time on the Unconditional Date, unless extended.
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