Regent Acquisitions reports minimal uptake in Inspired PLC offer

Published 28/05/2025, 17:24
Regent Acquisitions reports minimal uptake in Inspired PLC offer

LONDON - Regent Acquisitions 2025 Limited, part of the Wider Regent Group, has reported that as of 1:00 p.m. today, it has received valid acceptances of its cash offer to acquire Inspired PLC amounting to a mere 0.10% of Inspired’s issued share capital. These acceptances, together with Regent’s existing holdings, bring its total ownership to approximately 29.46% of the company.

The offer, first announced on April 22, 2025, aims to acquire all issued and to be issued share capital of Inspired that the Wider Regent Group does not already own. Despite the low acceptance rate thus far, Regent’s holdings in Inspired include 46,865,710 shares and potential additional shares through warrants and convertible loan notes (CLNs).

Regent has not received any acceptances from parties acting in concert with them, and no shares are committed irrevocably to the offer. The offer remains conditional upon receiving acceptances representing more than 50% of Inspired’s voting rights.

The outcome of this offer is crucial for Regent, which has detailed the acceptance procedure in the Offer Document published on May 7, 2025. Inspired shareholders are reminded to review this document and seek independent advice. The deadline for acceptances is set for the Unconditional Date, with the option for electronic acceptance through CREST for uncertificated shares.

This report 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.

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