Transaction in Own Shares

RNS Number : 3171V
Inland Homes PLC
09 August 2022
 

9 August 2022

 

Inland Homes plc

("Inland Homes" or the "Company")

Transaction in Own Shares

 

Inland Homes announces that on 8 August 2022 it purchased an aggregate of 50,000 ordinary shares at a volume weighted average price of 34.18 pence per share pursuant to the share buyback programme that was announced on 19 April 2022. The purchased shares will be held in treasury.

Following the above purchase, there are 230,126,045 ordinary shares in issue, of which 3,350,178 are held in treasury and do not carry voting rights.

The Company's Employee Benefit Trust currently holds 1,627,500 ordinary shares and shall abstain from exercising its voting rights at any general meeting of the Company.

Consequently, shareholders should use 225,148,367 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.

 

For further information, please contact:

Inland Homes plc


Tel: +44 (0) 1494 762 450

Stephen Wicks, Chief Executive



Nishith Malde, Finance Director






Panmure Gordon (UK) Limited

Nominated Adviser and Broker


Tel: +44 (0) 20 7886 2500

Dominic Morley / James Sinclair-Ford (Corporate Finance)



Erik Anderson (Corporate Broking)






 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSUWUNRUKUWRAR

Companies

Inland Homes (INL)
UK 100

Latest directors dealings