Transaction in Own Shares

RNS Number : 2742S

Inland Homes PLC

19 December 2016

 

Inland Homes plc

('Inland Homes' or the 'Company')

Transaction in Own Shares

Inland Homes, the specialist housebuilder and brownfield land developer, was notified today that on 16 December 2016, Equiom (Guernsey) Limited, as Trustee of The Inland Homes PLC Employee Share Ownership Trust, (the "EBT") purchased 600,000 ordinary shares of 10 pence each ("Ordinary Shares") at an average price of 59 pence per Ordinary Share (the "Purchase"). Consequently, the EBT now holds 1,627,066 Ordinary Shares, representing approximately 0.80 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 2016.    

Enquires:

Inland Homes plc	Tel: [phone]
Nishith Malde, Finance Director
Stifel Nicolaus Europe Limited (Nominated Adviser):	Tel: [phone]
David Arch
Jessica Cave
FTI Consulting:	Tel: [phone]
Dido Laurimore
Claire Turvey
Polly Warrack

 

END

 

 

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