REG - Inland Homes PLC - Directorate Change

Inland HomesAnnouncement

16/01/2023 13:00

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RNS Number : 8655M  Inland Homes PLC  16 January 2023

16 January 2023

 

Inland Homes plc

("Inland Homes", "Group" or "Company")

 

Board change

 

Inland Homes announces that the recently appointed Chief Executive Officer,
Donagh O'Sullivan has resigned from the Group with immediate effect by mutual
agreement. Accordingly, he has stepped down from the Board.

 

Enquiries

 Inland Homes plc:                             Tel: 44 (0)1494 762450
 Simon Bennett, Non-Executive Chairman
 Nishith Malde, Group Finance Director

 Lazard & Co. Ltd (Adviser to the Group):      Tel: 44 (0)20 7187 2000
 William Rucker

 Louise Campbell

 Panmure Gordon (UK) Limited                   Tel: 44 (0)20 7886 2500
 Dominic Morley

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of
the European Union (Withdrawal) Act 2018 ("MAR").

Notes to Editors:

Incorporated in the UK in 2005, Inland Homes plc is an AIM-listed specialist
housebuilder and brownfield developer, dedicated to achieving excellence in
sustainability and design.

Inland Homes acquires brownfield land in the South and South East of England
principally for residentially led development schemes. The business then
enhances the land value by obtaining planning permission, before building open
market and affordable homes or selling surplus consented land to other
developers to generate cash.

The Group is committed to extensive public and community consultation in order
to ensure that, where possible, local community needs and objectives are met.

Inland's aim is to create sustainable communities and homes which set a
benchmark for all future developments in the South and South East of England.
The Group is always looking for brownfield sites without planning permission
for future development.

Environmental, Social and Governance credentials

Inland Homes is committed to ensuring its land, housebuilding and partnership
housing activities leave a positive lasting legacy. As specialists in
brownfield site regeneration the Group already has a proud history of adding
lasting value through its expertise and experience in site remediation, which
allows derelict and near derelict land to be regenerated and used for the
construction of new homes.

Inland Homes takes its position as an industry leader extremely seriously and
has developed its Environmental, Social and Governance (ESG) framework against
the broader backdrop of an escalating global climate issue. The Group's ESG
framework, which has been aligned to four of the UN Sustainable Development
Goals, sets out our high-level commitments. Using this framework, we are now
focused on developing a full ESG strategy. The strategy will identify clear
goals and metrics to enable us to measure and report on our performance and
success in this space.

For further information, please visit the Inland Homes website at:
www.inlandhomesplc.com

Hugg Homes - www.hugghomes.co.uk (http://www.hugghomes.co.uk)

Rosewood Housing - www.rosewoodhousing.co.uk
(http://www.rosewoodhousing.co.uk)

Lazard & Co., Limited, which is authorised and regulated in the United
Kingdom by the Financial Conduct Authority, is acting exclusively as financial
adviser to the Inland Homes plc and no one else in connection with the
strategic review referred to in this announcement and will not be responsible
to anyone other than Inland Homes plc for providing the protections afforded
to clients of Lazard & Co., Limited nor for providing advice in relation
to such strategic review or any other matters referred to in this
announcement. Neither Lazard & Co., Limited nor any of its affiliates owes
or accepts any duty, liability or responsibility whatsoever (whether direct or
indirect, whether in contract, in tort, under statute or otherwise) to any
person who is not a client of Lazard & Co., Limited in connection with
this announcement, any statement contained herein or otherwise.

 

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