Transfer of Treasury Shares

RNS Number : 0929F

Inland Homes PLC

24 October 2018

 

24 October 2018

Inland Homes plc

("Inland Homes" or the "Company")

Transfer of Treasury Shares

Inland Homes plc (AIM: INL) (the "Company"), the leading brownfield regeneration specialist and housebuilder with a focus on the South and South East of England, announces that on 24 October 2018, 849,241 ordinary shares of 10 pence each ("Ordinary Shares") were transferred from its treasury account in satisfaction of employment related share option obligations for a former employee (the "Transaction").

Following the transfer, the Company will have a total of 207,366,045 Ordinary Shares in issue, of which 175,759 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.

For further information, please contact:

Inland Homes plc	Tel: [phone]
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Panmure Gordon (UK) Limited Nominated Adviser and Broker	Tel: [phone]
Dominic Morley (Corporate Finance)
Erik Anderson (Corporate Broking)
FTI Consulting	Tel: [phone]
Dido Laurimore
Claire Turvey
Richard Gotla

 

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