Inland Homes plc ("Inland" or the "Company")
Proposed Dividend Declaration
Further to the announcement of the preliminary results for the year ended 30 June 2012 released on 4 October 2012 (the "Preliminary Results"), the Company wishes to clarify the timetable for the proposed maiden dividend of 0.067p per share. The timetable in the Preliminary Results showed an incorrect timetable with an ex-dividend date of 16 November 2012 and a record date of 14 November 2012.
If approved at the Annual General Meeting on 27 November 2012, the timetable will be as follows:
Ex-Dividend Date |
14 November 2012 |
Record Date |
16 November 2012 |
Expected Payment Date |
17 December 2012 |
Enquiries: Inland Homes plc Stephen Wicks, Chief Executive Nishith Malde, Finance Director Tel: 01494 762450 AIM: Ticker: INL
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finnCap Nominated Adviser & Broker Corporate Finance: Matthew Robinson or Rose Herbert Corporate Broking: Simon Starr Tel: 020 7220 0500
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TooleyStreet Communications IR & media relations Fiona Tooley, Director Tel: 07785 703523 or Graeme Cull, Consultant Tel: 0121 309 0099 |
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 private sale.