31 Oct 2014 14:20
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.