Exercise of Options

RNS Number : 8518P

Inland Homes PLC

22 June 2022

 

Inland Homes plc

("Inland Homes" or the "Company")

Exercise of Options

The Company announces that an employee of the Company has exercised options over 25,000 ordinary shares of 10 pence each ("Option Shares"). 

Application has been made for the Option Shares to be admitted to trading on AIM and are expected to be admitted on 28 June 2022 ("Admission"). The Option Shares will rank pari passu in all respects with the Company's existing Ordinary Shares. Upon Admission the Company will have a total of  230,126,045 Ordinary Shares in issue. The Company's EBT owns 1,627,500 Ordinary Shares and shall abstain from exercising its voting rights at any general meeting of the Company. The Company also holds 1,670,178 shares in treasury which do not carry voting rights.  Consequently, shareholders should use 226,828,367 Ordinary Shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

Enquiries:

Inland Homes plc:	Tel: [phone]
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Panmure Gordon (UK) Limited	Tel: [phone]
Dominic Morley / James Sinclair-Ford (Corporate Advisory)
Erik Anderson (Corporate Broking)

 

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