RNS Number : 2008X
Inland Homes PLC
17 November 2014
 



Inland Homes PLC

 

('Inland Homes' or the 'Company')

 

Transaction in Own Shares

 

Inland Homes, the specialist housebuilder and brownfield land developer, was notified today that on 14 November 2014, Ardel Trust Company (Guernsey) Limited, as Trustee of The Inland Homes PLC Employee Share Ownership Trust, (the "EBT") purchased 650,000 ordinary shares of 10 pence each ("Ordinary Shares") at an average price of 58.7 pence per Ordinary Share (the "Purchase"). Consequently, the EBT now holds 650,000 Ordinary Shares, representing approximately 0.3 per cent. of the Company's issued share capital.

The Purchase was made for the purposes of satisfying awards under the Inland Homes plc 2013 Deferred Bonus Plan as referred to in the announcement of 31 October 2014.

               

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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The company news service from the London Stock Exchange
 
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