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ZDP Share Accrued Value and Asset Cover

21st Feb 2020 07:00

RNS Number : 6758D
Inland ZDP PLC
21 February 2020
 

Inland ZDP PLC

 

 

ZDP Share Accrued Value and Asset Cover

 

21 February 2020

 

As at 31 December 2019, each ZDP Share had an accrued Capital Entitlement of 160.27 pence.

 

The Cover Ratio as at 31 December 2019 has been calculated as follows:

Cover Ratio (Assets / Financial Indebtedness) 1.99 times

 

Capital Entitlement, Assets, Financial Indebtedness and Cover Ratio have been determined as set out in the Circular to ZDP Shareholders published by Inland ZDP PLC on 19 July 2018, which is available at: http://www.inlandhomes.co.uk/inland-zdp-plc/.

 

As at 31 December 2019, Inland Homes plc had complied with all its covenants under the Loan Note, Contribution Agreement and related security documentation.

 

 

Enquiries:

Inland ZDP PLC

Nishith Malde FCA Tel: 01494 762450

 

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 [email protected] or visit www.rns.com.
 
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