TIDMINL

RNS Number : 6126Y

Inland Homes PLC

07 December 2017

7 December 2017

Inland Homes plc

Share buy-back programme

This announcement contains inside information.

Further to the announcement on 3 October 2017, Inland Homes plc (AIM: INL) (the "Company") today announces that it will commence a further share repurchase programme of ordinary shares of 10 pence each (the "Ordinary Shares") up to a maximum of 1,000,000 shares (the "Programme"). Since 3 October 2017 the Company has repurchased 1,000,000 ordinary shares, which are held in treasury.

Any purchase of Ordinary Shares made in relation to this announcement will be carried out on the open market during the period commencing on 7 December 2017 and ending not later than 30 April 2018 and executed in accordance with the Company's general authority to make market purchases of Ordinary Shares and those provisions of Market Abuse Regulation 596/2014/EU dealing with buy-back programmes.

The purpose of the share repurchase programme is to reduce the Company's share capital and will be conducted in compliance with the relevant conditions for trading, restrictions regarding time and volume, disclosure and reporting obligations, and price conditions. The shares purchased by the Company will be held in treasury pending cancellation or re-issue.

Stifel Nicolaus Europe Limited ("Stifel"), are the Company's brokers in relation to the Programme.

The person who arranged for the release of this announcement on behalf of Inland Homes was Nishith Malde, Finance Director.

Enquires:

 
 
 Inland Homes plc                            Tel: +44 (0) 
  Stephen Wicks, Chief Executive              1494 762450 
 Nishith Malde, Finance Director 
 
 Stifel Nicolaus Europe Limited (Nominated   Tel: +44 (0) 
  Adviser):                                   20 7710 7600 
 David Arch 
  Tom Marsh 
 
 FTI Consulting:                             Tel: +44 (0)20 
                                              3727 1000 
 Dido Laurimore 
 Claire Turvey 
  Richard Gotla 
 Methuselah Tanyanyiwa

This information is provided by RNS

The company news service from the London Stock Exchange

END

POSTFBFTMBAMBMR

(END) Dow Jones Newswires

December 07, 2017 02:00 ET (07:00 GMT)

Inland Homes (LSE:INL)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Inland Homes Charts.
Inland Homes (LSE:INL)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Inland Homes Charts.