RNS Number : 7865X
Insig AI Plc
28 April 2023
 

28 April 2023

Insig AI plc

("Insig AI" or the "Company")

Director/PDMR Shareholding and Total Voting Rights

Insig AI plc (AIM: INSG), the data science and machine learning group, has been notified that, Richard Bernstein, Non-Executive Chairman of the Company, has purchased 100,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 19.0 pence per Ordinary Share (the "Purchase").

In addition, further to the announcement on 24 April 2023 in relation to the Company's equity subscription, 1,764,705 ordinary shares have been issued out of treasury (the "Subscription Shares"). Of these Subscription Shares, 291,503 have been issued to Richard Bernstein.

Following the Purchase and the 291,503 Subscription Shares issued to Mr Bernstein, his shareholding now stands at 14,641,503 Ordinary Shares in Insig AI, which represents 14.58% of Insig AI's total voting rights.

Total Voting Rights

Following the issue of 1,764,705 Subscription Shares on 27 April 2023 out of treasury, the issued share capital of the Company remains unchanged at 105,675,645 ordinary shares, whilst the total number of voting rights in the Company stands at 100,440,350. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. Following the transaction, the Company will hold 5,235,295 shares in treasury.

For further information, please visit www.insg.ai or contact:

Insig AI plc

Richard Bernstein, Chairman                       

Colm McVeigh, CEO 

 

richard.bernstein@insg.ai

colm.mcveigh@insg.ai

 

Zeus (Nominated Adviser & Broker)

David Foreman / James Hornigold / Danny Phillips

 

 

+44 (0) 203 829 5000

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name 

 

Richard Bernstein  

2

 

Reason for the notification

 

a)

 

Position/status

  

Non-Executive Chairman

b)

 

Initial notification /Amendment 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

  

Insig AI plc

b)

 

LEI

  

21380098CKBAG1NWCD98

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares of 1 pence each



Identification code

GB00BYV31355



b)

 

Nature of the transaction

  

Purchase of shares

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




19.0 pence

100,000

 







d)

 

Aggregated information

N/A single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

  

27 April 2023

f)

 

Place of the transaction 

 

London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHNKOBKDBKBAQB