24th Jul 2025 07:00
24 July 2025
Insig AI plc
("Insig AI" or the "Company")
Director Dealing and Total Voting Rights
Insig AI plc (AIM: INSG), the data science and machine learning group has been notified that, further to its announcement on 24 June 2025 (see RNS number 0668O), Richard Bernstein, Chief Executive Officer of the Company, in accordance with the terms agreed under the Equity Funding Facility, has exercised his right to purchase 375,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 20.0 pence per Ordinary Share. Following the purchase, Mr Bernstein's shareholding stands at 24,440,880 Ordinary Shares, which represents 20.23% of Insig AI's total voting rights.
Under the Equity Funding Facility, there are 875,000 shares outstanding.
Admission and Total Voting Rights
Application will be made to the London Stock Exchange for admission of the Ordinary Shares to trading on AIM ("Admission"). Admission is expected to become effective, and dealings in the Subscription Shares are anticipated to commence on or around Tuesday 29 July 2025.
Following Admission, the issued share capital and total voting rights of the Company will be 120,807,643. Shareholders may use this figure as the denominator to 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.
Richard Bernstein, CEO of Insig AI, commented:
"I'm pleased to make this investment so that the Company can continue to invest in expanding its sales capacity as well in exciting AI enhancements."
For further information, please visit www.insig-ai.com or contact:
Insig AI plc | |
Richard Bernstein, CEO | |
Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold | +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
| 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) | ||||
20.0 pence | 375,000
| ||||
d)
| Aggregated information | N/A single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 23 July 2025 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
Related Shares:
Insig Ai Plc