Director/PDMR Dealing

By

Regulatory News | 06 Sep, 2024

Updated : 07:01

RNS Number : 1526D
Insig AI Plc
06 September 2024
 

6 September 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 400,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 12.69 pence per Ordinary Share. Following the purchase, Mr Bernstein's shareholding stands at 22,203,380 Ordinary Shares, which represents 18.94% 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 400,000 Ordinary Shares at a price of 13.06 pence per Ordinary Share. Following the purchase, John Wilson and his closely related persons' shareholding is 2,300,000 Ordinary Shares in Insig AI, which represents 1.95% of Insig AI's current total voting rights.

 

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

Insig AI plc

 

Richard Bernstein, CEO

richard.bernstein@insg.ai

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)




12.69 pence

400,000

 







d)

 

Aggregated information

N/A single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

  

5 September 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)




13.06 pence

400,000

 







d)

 

Aggregated information

N/A single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

  

5 September 2024

f)

 

Place of the transaction 

 

London Stock Exchange

 

 

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