Inland Homes PLC Transfer of Treasury Shares (0929F)
25 October 2018 - 2:41AM
UK Regulatory
TIDMINL
RNS Number : 0929F
Inland Homes PLC
24 October 2018
24 October 2018
Inland Homes plc
("Inland Homes" or the "Company")
Transfer of Treasury Shares
Inland Homes plc (AIM: INL) (the "Company"), the leading
brownfield regeneration specialist and housebuilder with a focus on
the South and South East of England, announces that on 24 October
2018, 849,241 ordinary shares of 10 pence each ("Ordinary Shares")
were transferred from its treasury account in satisfaction of
employment related share option obligations for a former employee
(the "Transaction").
Following the transfer, the Company will have a total of
207,366,045 Ordinary Shares in issue, of which 175,759 are held in
treasury and do not carry voting rights.
The Company's Employee Benefit Trust currently holds 1,627,500
ordinary shares and shall abstain from exercising its voting rights
at any general meeting of the Company.
For further information, please contact:
Inland Homes plc Tel: +44 (0) 1494 762 450
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Panmure Gordon (UK) Limited Tel: +44 (0) 20 7886 2500
Nominated Adviser and Broker
Dominic Morley (Corporate Finance)
Erik Anderson (Corporate Broking)
FTI Consulting Tel: +44 (0) 20 3727 1000
Dido Laurimore
Claire Turvey
Richard Gotla
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END
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