RNS Number : 8704V
Inland Homes PLC
31 October 2014
 

31 October 2014

Inland Homes PLC

 

('Inland Homes')

 

Deferred Bonus Award

 

Inland Homes, the specialist housebuilder and brownfield land developer, is pleased to announce that it has made the following awards under the Deferred Bonus Plan in respect of executives' performance for the financial year ended 30 June 2014.

Under the Deferred Bonus Plan, 50 per cent of executive bonuses are settled in ordinary shares of the Company with the issue/transfer of such shares deferred for 3 years.  Full details of the Deferred Bonus Plan were contained in the Notice of the General Meeting held on 20 December 2013.

Name                                                  Deferred Bonus                         Number of Ordinary Shares issued under Deferred Bonus Plan

Stephen Wicks                                        £120,000                                                     241,206

Nish Malde                                               £120,000                                                     241,206

Paul Brett                                                   £80,000                                                      160,804

 

ENDS

Enquiries:

www.inlandplc.com

AIM: Ticker: INL

Inland Homes plc

finnCap

Blytheweigh

Stephen Wicks, Chief Executive

Nominated Adviser & Broker

IR & Media Relations

Nishith Malde, Finance Director

Paul Brett, Land Director

 

Corporate Finance:

Matthew Robinson or

Simon Hicks

Paul Weigh: 07989 129658

Eleanor Parry: 07551 293620

or

Tel: 44 (0) 1494 762450

Corporate Broking:

Rhys Williams

Tel: 44 (0) 20 7138 3204

 

Notes to Editors:

Inland Homes identifies 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 houses for private sale or selling consented land onto other developers.


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