Regent Acquisitions reports low acceptance for Inspired PLC takeover bid

Published 04/06/2025, 16:52
Regent Acquisitions reports low acceptance for Inspired PLC takeover bid

LONDON - Regent Acquisitions 2025 Limited, a subsidiary of Regent International Holdings Limited, has reported minimal shareholder acceptance of its all-cash offer to acquire Inspired PLC. As of 1:00 p.m. London time today, the company has received valid acceptances representing approximately 0.11% of Inspired’s issued share capital.

These acceptances, combined with Regent’s existing holdings, would bring its total ownership to approximately 29.46% of Inspired’s shares, should the offer become unconditional. Regent’s current holdings include Inspired shares, warrants, and convertible loan notes (CLNs) held by Regent Gas Holdings Limited, a member of the wider Regent Group.

The acquisition offer, initially announced on April 22, 2025, is contingent on receiving acceptances that represent over 50% of the voting rights normally exercisable at a general meeting of Inspired shareholders. The deadline for Inspired shareholders to accept the offer is set for the Unconditional Date, after which, if the offer is declared unconditional, it will remain open for at least 14 days.

Inspired shareholders who have not yet responded to the offer are advised to consult the Offer Document for detailed instructions on the acceptance process. Electronic acceptances for shares held in uncertificated form should be made through CREST, ensuring the TTE instruction settles by the Unconditional Date.

The Offer Document and related Form of Acceptance are available on Regent’s website. This update is based on a press release statement from Regent Acquisitions 2025 Limited.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.