RNS Number : 3520A
Inland ZDP PLC
07 June 2016

Inland ZDP PLC


ZDP Share Accrued Value and Asset Cover


7 June 2016



The Board of Inland ZDP PLC is pleased to announce that as at 31 March 2016, Inland Homes plc had complied with all its covenants under the Loan Note, Contribution Agreement and related security documentation.


As at 31 March 2016, each ZDP Share had an accrued Capital Entitlement of 126.0 pence.


The Cover Ratio and Gearing Ratio as at 31 March 2016 have been calculated as follows:


Cover Ratio (Assets / Financial Indebtedness)                                2.7 times

Gearing Ratio                                                                                       35.3 per cent.


Capital Entitlement, Assets, Financial Indebtedness, Cover Ratio and Gearing Ratio have been determined as set out in the Prospectus published by Inland ZDP PLC on 14 December 2012, which is available at: http://www.inlandhomes.co.uk/inland-zdp-plc/.




Inland ZDP PLC

Nishith Malde FCA                                                                   Tel: 01494 762450


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