George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksINL.L Share News (INL)

  • There is currently no data for INL

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Inland Homes Inks GBP65 Million Four-Year Credit Facility With HSBC

Wed, 27th Mar 2019 09:27

LONDON (Alliance News) - Inland Homes PLC on Wednesday said it has agreed a GBP65 million revolving credit facility with HSBC Holdings PLC.

The new facility has a life span of four years and includes an accordion of GBP20 million. It replaces a GBP20 million loan from Barclays PLC, the company said.

"We are very pleased to have secured this revolving credit facility from HSBC for our expanding house building activity. The new facility is more efficient and on better terms than the one it replaces and we look forward to working with HSBC," Chief Executive Stephen Wicks said.

Inland shares were trading down 1.0% at 61.00 pence each on Wednesday morning.

More News
27 Sep 2023 19:43

TRADING UPDATES: Inland Homes appoints administrators; EDX buys Hutano

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
11 Sep 2023 21:17

IN BRIEF: Inland Homes subsidiary in breach of debt covenants

Inland Homes PLC - Southern England-focused brownfield developer, housebuilder and partnership housing company - Says it has advised HSBC Holdings PLC that it considers that its subsidiary, Inland Homes Developments Ltd, is in breach of certain historic and forward looking covenants in relation to a debt facility of GBP13.6 million provided to that company. The facility is guaranteed by Inland Homes.

Read more
5 Sep 2023 15:01

Inland Homes and subsidiary Inland ZDP confirms co-founder departure

(Alliance News) - Inland Homes PLC and its wholly-owned subsidiary Inland ZDP PLC both confirmed on Tuesday that Inland Homes Co-Founder and Inland ZDP Founder Director Nish Malde has retired and left the company.

Read more
30 Aug 2023 11:43

IN BRIEF: Inland Homes notes possible breach in loan with Inland ZDP

Inland Homes PLC - Southern England-focused brownfield developer, housebuilder and partnership housing company - Notes possible breach of loan covenant with Inland ZDP PLC, its wholly-owned subsidiary. Inland ZDP also notes this. Inland Homes says it is considering possible provisions to be made against certain asset values in its accounts with its auditors. Says the mounts of any such provisions, which have not yet been determined, "appear likely to trigger a breach" in the loan covenant between both parties. Inland ZDP says a further announcement will be made "as soon as the asset values (net of any relevant provisions) have been determined".

Read more
24 Jul 2023 13:42

Inland Homes appoints Jolyon Harrison as new CEO; buys NorthCountry

(Alliance News) - Inland Homes on Monday announced that it appointed the former chief executive officer of MJ Gleeson PLC Jolyon Harrison as its new CEO, and that it had acquired NorthCountry Homes Ltd.

Read more
20 Jul 2023 18:52

TRADING UPDATES: Iofina optimistic; Metals Exploration ups outlook

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
30 Jun 2023 18:54

IN BRIEF: Inland ZDP with no profit or loss, unchanged from a year ago

Inland ZDP PLC - wholly-owned subsidiary of housing plot developer Inland Homes PLC - In the six months to March 31, breaks even with no profit or loss, unchanged from a year ago. Revenue completely generated via interest income grows slightly to GBP876,000 from GBP848,000, exactly the same as the increase in finance costs, to GBP876,000 from GBP848,000. Chair Nishith Malde says: "Inland Homes has a business plan for managing its cash flows and meeting its obligations to ZDP shareholders, retaining flexibility to adapt to circumstances rather committing to a fixed source of repayment."

Read more
19 Jun 2023 17:14

IN BRIEF: Inland Homes says audit process to take longer than expected

Inland Homes PLC - South England-focused brownfield developer, housebuilder and partnership housing company - On Friday, company says that the audit process for its results for the year ended September 30, 2022 will take longer than originally expected. Back in April, Inland Homes estimated the audit could be completed during June, but the firm now believes it will take longer.

Read more
22 May 2023 12:14

Inland Homes gets planning permission for Hounslow development

(Sharecast News) - Brownfield developer Inland Homes announced on Monday that planning permission has been granted for an extensive mixed-use development at Cavalry Barracks in West Hounslow.

Read more
22 May 2023 11:55

Inland Homes touts planning consent for development in West Hounslow

(Alliance News) - Inland Homes PLC on Monday celebrated securing planning consent for a mixed-use development at Cavalry Barracks in West Hounslow.

Read more
13 Apr 2023 20:07

TRADING UPDATES: Inland Homes completes GBP2.5 million fund raise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
12 Apr 2023 18:17

Inland Homes launches second subscription for up to GBP2.5 million

(Alliance News) - Inland Homes PLC on Wednesday said it has launched a second direct subscription offer for up to GBP2.5 million by the issue of up to 25.0 million new shares at a price per subscription share of 10 pence.

Read more
11 Apr 2023 13:56

IN BRIEF: Inland Homes expects to complete earnings audit in June

Inland Homes PLC - Buckinghamshire, England-based brownfield site developer, housebuilder and regeneration specialist - Expects to complete audit of its annual report and accounts for the financial year that ended September 30, 2022 in June 2023. Agrees a deal with FRP Advisory Trading Ltd to undertake the independent review of the related party issues and any other relevant matters. This has also been reviewed by PwC, who alongside Inland Homes, concluded in late March they would require further time to review the related party issues announced at the start of March.

Read more
30 Mar 2023 17:14

Inland Homes shares surge; raises GBP2.5 million through subscription

(Alliance News) - Inland Homes PLC on Thursday said it has raised GBP2.5 million through the issue of 25 million new shares at a subscription price of 10 pence each.

Read more
29 Mar 2023 18:19

TRADING UPDATES: UIL sells holdings in both AssetCo and BNK Banking

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.