2 October 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 a call option over 3,000,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), representing approximately 2.5% of the current issued share capital of the Company, from an existing shareholder at a cost of 1.5 pence per share option (the "Call Option"). The Call Option expires on 31 March 2025 and has an exercise price of 15 pence per Ordinary Share.
Mr Bernstein's shareholding remains unchanged at 22,203,380 Ordinary Shares, which represents 18.94% of Insig AI's current total voting rights. This is in addition to the interest he now has in Ordinary Shares by virtue of the Call Option.
For further information, please visit www.insg.ai or contact:
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Insig AI plc |
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Richard Bernstein, CEO |
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Zeus (Nominated Adviser & Broker) David Foreman / James Hornigold |
+44 (0) 203 829 5000
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Richard Bernstein |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Insig AI plc |
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b)
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LEI
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21380098CKBAG1NWCD98 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Call option over Ordinary Shares |
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Identification code |
GB00BYV31355 |
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b)
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Nature of the transaction
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Purchase of a call option |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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1.5 pence (exercise price of 15 pence) |
3,000,000
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d)
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Aggregated information |
N/A single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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2 October 2024 |
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f)
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Place of the transaction
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London Stock Exchange |
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