Transaction in Own Shares

RNS Number : 7759J
Inland Homes PLC
21 December 2015
 

21 December 2015

Inland Homes PLC

 

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

 

Transaction in Own Shares

 

Inland Homes, the specialist housebuilder and brownfield land developer, was notified today that on 21 December 2015, Equiom (Guernsey) Limited, as Trustee of The Inland Homes PLC Employee Share Ownership Trust, (the "EBT") purchased 377,500 ordinary shares of 10 pence each ("Ordinary Shares") at an average price of 87.7 pence per Ordinary Share (the "Purchase"). Consequently, the EBT now holds 1,027,500 Ordinary Shares, representing approximately 0.51 per cent. of the Company's issued share capital.

 

The Purchase was made for the purposes of satisfying awards under the Inland Homes plc 2013 Deferred Bonus Plan as referred to in the Directors' Remuneration Report included in the annual report and accounts for the year ended 30 June 2015.    

ENDS

 

Enquiries:

www.inlandplc.com

AIM: Ticker: INL

 

Inland Homes plc

Stifel Nicolaus Europe Limited

Blytheweigh

Stephen Wicks, Chief Executive

Nominated Adviser & Broker

IR & Media Relations

Nishith Malde, Finance Director

Paul Brett, Land Director

 

Corporate Finance:

David Arch and Roger Clarke

 

Tim Blythe

Wendy Haowei

Fergus Lane

 

Tel: +44 (0) 1494 762450

Tel: +44 (0) 20 7710 7600

Tel: +44 (0)20 7138 3204

 


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