RNS Number : 4790S
Inland Homes PLC
21 December 2016
 

Inland Homes plc

('Inland Homes' or the 'Company')

 

Exercise of share options, total voting rights and PDMR dealing

 

Exercise of share options

 

The Company announces that 700,000 new ordinary shares of 10 pence each in the Company ("Ordinary Shares") have been issued as a result of an exercise of employee share options by Paul Brett, who is considered a person discharging managerial responsibilities (PDMR).

 

Application has been made for the 700,000 new Ordinary Shares to be admitted to trading on AIM and it is expected that trading in such shares will take place on 23 December 2016 ("Admission").

 

Total voting rights

 

Following Admission, the total issued share capital of the Company will consist of 203,599,432 Ordinary Shares with one voting right per share.

 

The Company does not hold any Ordinary Shares in Treasury. The Inland Homes PLC Employee Benefit Trust currently holds 1,627,066 Ordinary Shares and shall abstain from exercising its voting rights at any general meeting of the Company. Accordingly, the total number of voting rights in the Company will be 201,972,366 and this figure may be used by Shareholders, from Admission, 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 FCA's Disclosure Guidance and Transparency Rules.

 

PDMR dealing

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

(Disclosure in relation to award of share options)

 1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Brett

2

Reason for the notification 

a)

Position/status 

Director

b)

Initial notification /Amendment 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name 

Inland Homes plc

b)

LEI  


4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument 

Identification code 

700,000 ordinary shares of 10p each in Inland Homes PLC.

ISIN: GB00B1TR0310

b)

Nature of the transaction 

Exercise of options

c)

Price(s) and volume(s)

 

 Price(s) 

Volume(s)

Exercise price of 50.0p

700,000

d)

 

Aggregated information 

 

700,000 ordinary shares of 10p each in Inland Homes PLC.

e)

Date of the transaction 

19 November 2016

f)

Place of the transaction 

London Stock Exchange, AIM Market

 

 

               

Enquires:

 

Inland Homes plc

Tel: 44 (0) 1494 762450

Nishith Malde, Finance Director




Stifel Nicolaus Europe Limited (Nominated Adviser):

Tel: 44 (0) 20 7710 7600

David Arch


Jessica Cave








FTI Consulting:

Tel: 44 (0)20 3727 1000

Dido Laurimore


Claire Turvey


Polly Warrack




 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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