RNS Number : 9154U
Inland Homes PLC
03 April 2019
 

Inland Homes plc

("Inland Homes" or the "Company")

Director / PCA Shareholding

The Company was advised on 2 April 2019 that Nishith Malde, Finance Director, transferred 165,000 ordinary 10 pence shares from his personal holding to his wife, Mary Malde. He has also transferred 31,000 ordinary 10 pence shares to his Qualifying Non-UK Pension Scheme at a price of 59.5p per share. Mary Malde has also sold 31,000 ordinary 10 pence shares to Nishith Malde's Qualifying Non-UK Pension Scheme at a price of 59.5p per share.

Following these transactions, Nishith Malde's resulting beneficial holding is now at 10,741,529 ordinary shares (reduced from 11,360,029 following his son no longer qualifying as a PCA).

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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nishith Malde

2

Reason for the notification

a)

Position/status

Finance 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

213800UQCOFZ8S8JRM45

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

Ordinary shares of 10 pence each in Inland Homes plc

b)

Identification Code

ISIN: GB00B1TR0310

c)

Nature of the transaction

Transfer of shares to spouse

d)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

 

165,000

e)

Aggregated information

- Aggregated volume

- Price

N/A (Single Transaction)

165,000

nil

f)

Date of the transaction

2 April 2019

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mary Malde (wife of Nishith Malde)

2

Reason for the notification

a)

Position/status

Nishith Malde is Finance 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

213800UQCOFZ8S8JRM45

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

Ordinary shares of 10 pence each in Inland Homes plc

b)

Identification Code

ISIN: GB00B1TR0310

c)

Nature of the transaction

Transfer of shares to spouse

d)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

 

165,000

e)

Aggregated information

- Aggregated volume

- Price

N/A (Single Transaction)

165,000

nil

f)

Date of the transaction

2 April 2019

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nishith Malde

2

Reason for the notification

a)

Position/status

Finance 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

213800UQCOFZ8S8JRM45

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

Ordinary shares of 10 pence each in Inland Homes plc

b)

Identification Code

ISIN: GB00B1TR0310

c)

Nature of the transaction

Transfer of ordinary shares to pension scheme via sale and purchase

d)

Price(s) and volume(s)

Price(s)

Volume(s)

59.5 pence

 

31,000

e)

Aggregated information

- Aggregated volume

- Price

N/A (Single Transaction)

31,000

59.5 pence

f)

Date of the transaction

2 April 2019

g)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mary Malde (wife of Nishith Malde)

2

Reason for the notification

a)

Position/status

Nishith Malde is Finance 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

213800UQCOFZ8S8JRM45

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

Ordinary shares of 10 pence each in Inland Homes plc

b)

Identification Code

ISIN: GB00B1TR0310

c)

Nature of the transaction

Transfer of ordinary shares to pension scheme via sale and purchase

d)

Price(s) and volume(s)

Price(s)

Volume(s)

59.5 pence

 

31,000

e)

Aggregated information

- Aggregated volume

- Price

N/A (Single Transaction)

31,000

59.5 pence

f)

Date of the transaction

2 April 2019

g)

Place of the transaction

Outside a trading venue

 


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