(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Inland Homes PLC - Southern England-focused brownfield developer, housebuilder and partnership housing company - Says it has advised HSBC Holdings PLC that it considers that its subsidiary, Inland Homes Developments Ltd, is in breach of certain historic and forward looking covenants in relation to a debt facility of GBP13.6 million provided to that company. The facility is guaranteed by Inland Homes. Read More
(Alliance News) - Inland Homes PLC and its wholly-owned subsidiary Inland ZDP PLC both confirmed on Tuesday that Inland Homes Co-Founder and Inland ZDP Founder Director Nish Malde has retired and left the company. Read More
Inland Homes PLC - Southern England-focused brownfield developer, housebuilder and partnership housing company - Notes possible breach of loan covenant with Inland ZDP PLC, its wholly-owned subsidiary. Inland ZDP also notes this. Inland Homes says it is considering possible provisions to be made against certain asset values in its accounts with its auditors. Says the mounts of any such provisions, which have not yet been determined, "appear likely to trigger a breach" in the loan covenant between both parties. Inland ZDP says a further announcement will be made "as soon as the asset values (net of any relevant provisions) have been determined". Read More
(Alliance News) - Inland Homes on Monday announced that it appointed the former chief executive officer of MJ Gleeson PLC Jolyon Harrison as its new CEO, and that it had acquired NorthCountry Homes Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Inland ZDP PLC - wholly-owned subsidiary of housing plot developer Inland Homes PLC - In the six months to March 31, breaks even with no profit or loss, unchanged from a year ago. Revenue completely generated via interest income grows slightly to GBP876,000 from GBP848,000, exactly the same as the increase in finance costs, to GBP876,000 from GBP848,000. Chair Nishith Malde says: "Inland Homes has a business plan for managing its cash flows and meeting its obligations to ZDP shareholders, retaining flexibility to adapt to circumstances rather committing to a fixed source of repayment." Read More
Inland Homes PLC - South England-focused brownfield developer, housebuilder and partnership housing company - On Friday, company says that the audit process for its results for the year ended September 30, 2022 will take longer than originally expected. Back in April, Inland Homes estimated the audit could be completed during June, but the firm now believes it will take longer. Read More
(Alliance News) - Inland Homes PLC on Monday celebrated securing planning consent for a mixed-use development at Cavalry Barracks in West Hounslow. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Inland Homes PLC on Wednesday said it has launched a second direct subscription offer for up to GBP2.5 million by the issue of up to 25.0 million new shares at a price per subscription share of 10 pence. Read More
Inland Homes PLC - Buckinghamshire, England-based brownfield site developer, housebuilder and regeneration specialist - Expects to complete audit of its annual report and accounts for the financial year that ended September 30, 2022 in June 2023. Agrees a deal with FRP Advisory Trading Ltd to undertake the independent review of the related party issues and any other relevant matters. This has also been reviewed by PwC, who alongside Inland Homes, concluded in late March they would require further time to review the related party issues announced at the start of March. Read More
(Alliance News) - Inland Homes PLC on Thursday said it has raised GBP2.5 million through the issue of 25 million new shares at a subscription price of 10 pence each. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Inland Homes PLC - Buckinghamshire, England-based brownfield site developer, housebuilder and regeneration specialist - Reports it has exchanged conditional contracts to sell 31 affordable homes to Eastlight Community Homes for GBP6.5 million to be satisfied in cash on completion. Says the sale forms part of Inland's Templar Green development where planning permission was obtained for over 70 new homes. Adds that completion will take place in phases over the coming months as the units are completed. Read More
(Alliance News) - Inland Homes PLC on Friday said it has signed a UK government building safety contract. Read More
(Alliance News) - Inland Homes PLC shares dropped on Thursday, after it said it plans to suspend its shares as its full-year results are delayed. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Inland Homes PLC on Tuesday named Matthew Robinson as its new chair, just weeks after its previous chair left the company with just one director in control. Read More