REG - Inland Homes PLC - Option Exercise & Transfer of Treasury Shares

Inland HomesAnnouncement

12/01/2023 09:30

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RNS Number : 5383M  Inland Homes PLC  12 January 2023

12 January 2023

Inland Homes plc

("Inland Homes" or the "Company")

Option Exercise & Transfer of Treasury Shares

Inland Homes plc (AIM: INL), the housebuilder, partnership housing developer
and regeneration specialist focused on the South and South East of
England, announces that on 30 September 2022, share options granted under the
2013 Deferred Bonus Plan scheme were exercised by a former employee of the
Company.

Consequently, 47,068 ordinary shares of 10 pence each ("Ordinary Shares") were
transferred from the Company's treasury account in satisfaction of employment
related share option obligations for a former employee.

Following the transfer there are 230,126,045 Ordinary Shares in issue, of
which 4,139,187 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.

Consequently, shareholders should use 224,359,358 Ordinary Shares as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in the
Company, under the Disclosure Guidance and Transparency Rules of the Financial
Conduct Authority.

 

For further information, please contact:

Inland Homes plc Tel: 44 (0)1494 762450

Donagh O'Sullivan, Chief Executive Officer

Nishith Malde, Chief Financial Officer

 

Panmure Gordon (UK) Limited (NOMAD and broker to the Group) Tel: 44 (0)20 7886
2500

Dominic Morley / James Sinclair-Ford (Corporate Advisory)

 

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