Peel Hunt acted as joint bookrunner and joint broker to Inspired Energy plc on its (a) £10.7m Firm Placing of 71,396,800 new Ordinary shares at 15 pence per Placing share (to fund the cash consideration for the acquisition of the outstanding 60 per cent of Ignite Energy LTD), (b) £19.3m conditional placing of 128,603,200 new Ordinary shares at 15 pence per Placing share; and (c) proposed £5.0 m Open Offer of up to 33,445,183 new Ordinary shares at 15 pence per ordinary shares, as announced on 10th July, 2020.
