Inspired Energy shares up post acquisition
Shares in Inspired Energy were up after the energy consultant completed the purchase of Wholesale Power UK.
FTSE AIM All-Share
743.26
16:50 28/03/24
n/a
n/a
Inspired Capital
21.38p
16:53 24/09/15
0.00%
0.00p
Pharmaceuticals & Biotechnology
21,366.25
17:14 28/03/24
-0.23%
-48.29
At 1205 BST shares in the AIM-listed stock were up by 4.07% to 11.19p.
Inspired Energy paid £2m in cash and shares for Blackpool-based Wholesale Power UK and said the deal was to be immediately earnings enhancing.
A further £750,000 could be payable on certain financial performance criteria, payable in three tranches.