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Transaction in Own Shares

19th Dec 2016 15:10

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: +44 (0) 1494 762450

Nishith Malde, Finance Director

Stifel Nicolaus Europe Limited (Nominated Adviser):

Tel: +44 (0) 20 7710 7600

David Arch

Jessica Cave

FTI Consulting:

Tel: +44 (0)20 3727 1000

Dido Laurimore

Claire Turvey

Polly Warrack

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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