Deferred Bonus Award

RNS Number : 8704V

Inland Homes PLC

31 October 2014

 

31 October 2014

Inland Homes PLC

('Inland Homes')

Deferred Bonus Award

Inland Homes, the specialist housebuilder and brownfield land developer, is pleased to announce that it has made the following awards under the Deferred Bonus Plan in respect of executives' performance for the financial year ended 30 June 2014.

Under the Deferred Bonus Plan, 50 per cent of executive bonuses are settled in ordinary shares of the Company with the issue/transfer of such shares deferred for 3 years.  Full details of the Deferred Bonus Plan were contained in the Notice of the General Meeting held on 20 December 2013.

Name                                                  Deferred Bonus                         Number of Ordinary Shares issued under Deferred Bonus Plan

Stephen Wicks                                        £120,000                                                     241,206

Nish Malde                                               £120,000                                                     241,206

Paul Brett                                                   £80,000                                                      160,804

ENDS

Enquiries:
www.inlandplc.com AIM: Ticker: INL
Inland Homes plc	finnCap	Blytheweigh
Stephen Wicks, Chief Executive	Nominated Adviser & Broker	IR & Media Relations
Nishith Malde, Finance Director Paul Brett, Land Director	Corporate Finance: Matthew Robinson or Simon Hicks	Paul Weigh: 07989 129658 Eleanor Parry: 07551 293620 or
Tel: [phone]	Corporate Broking: Rhys Williams	Tel: [phone]

Notes to Editors:

Inland Homes identifies brownfield land in the South and South-East of England principally for residentially led development schemes.  The business then enhances the land value by obtaining planning permission, before building houses for private sale or selling consented land onto other developers.

 

END

 

 

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