Transaction in Own Shares

RNS Number : 7253Y

Inland Homes PLC

28 January 2014

 



brownfield regeneration specialists and housebuilders

INLAND HOMES PLC

('Inland Homes', 'Inland' or the 'Company')

Transaction in Own Shares

The Company announces that on 28 January 2014 it sold 1,325,000 ordinary shares of 10 pence each in the capital of the Company ('Ordinary Shares') that were held in Treasury to institutional investors at 44p per Ordinary Share.

Following this transaction, there are no longer any Ordinary Shares held in Treasury. The number of   Ordinary Shares with voting rights in issue is 202,799,432.

The above figure should be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Inland Homes plc	www.inlandplc.com	Tel: [phone]
Stephen Wicks	Chief Executive
Nishith Malde	Finance Director
Paul Brett	Land Director
finnCap	Nomad & Broker	Tel: [phone]
Matthew Robinson/Simon Hicks	Corporate Finance
Simon Starr	Corporate Broking
Blythe Weigh Communications		Tel: [phone]
Paul Weigh		Tel: [phone]
Halimah Hussain		Tel: [phone]

Editor's Note:

Inland Homes plc's strategy is to identify brownfield land in the South of England where it considers it to hold excellent potential for residential and mixed use development, including commercial space. The Group then seeks to enhance its land value by obtaining planning permission before selling consented land onto developers. It also develops some of its plots for sale.

 

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