30 May 2024
Insig AI plc
("Insig AI" or the "Company")
PDMR dealings
Insig AI plc (AIM: INSG), the data science and machine learning group, has been notified that, Richard Bernstein, Chief Executive Officer of the Company, has purchased 500,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 10.25 pence per Ordinary Share. Following the purchase, Mr Bernstein's shareholding stands at 21,705,380 Ordinary Shares, which represents 19.7% of Insig AI's current total voting rights.
In addition the Company has been notified that Sophie Wilson, a person closely associated with John Wilson, Independent Non-Executive Chairman of the Company, has also purchased 500,000 Ordinary Shares at a price of 10.5 pence per Ordinary Share. Following the purchase, John Wilson and his closely related persons' shareholding is 1,400,000* Ordinary Shares in Insig AI, which represents 1.3% of Insig AI's current total voting rights.
The above percentage holdings have been calculated using the total voting rights in the Company before the admission of Ordinary Shares to be issued in relation to the Company's strategic investment in ImpactScope and Share Subscription, both announced on 30 May 2024 at 7.01am and 7.02am respectively.
For further information, please visit www.insg.ai or contact:
| Insig AI plc |
|
| Richard Bernstein, CEO | |
| Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold | +44 (0) 203 829 5000
|
*This figure now includes 100,000 Ordinary Shares held at Hargreaves Lansdown, in addition to the 800,000 announced this morning within the 'Board changes' announcement released at 7.00am on 30 May 2024.
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
| Chief Executive Officer | |||
| 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) | | |
| | | 10.25 pence | 500,000
| | |
| | | | | | |
| d)
| Aggregated information | N/A single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 30 May 2024 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Sophie Wilson | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Person closely associated to John Wilson | |||
| 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) | | |
| | | 10.5 pence | 500,000
| | |
| | | | | | |
| d)
| Aggregated information | N/A single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 30 May 2024 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
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