19 Mar 2019 14:41
Inland Homes plc
("Inland Homes" or the "Company")
Grant of Options and Director Shareholding
Inland Homes plc (AIM: INL), the leading brownfield regeneration specialist and housebuilder with a focus on the South and South East of England, announces that on 18 March 2019, 500,000 options over the Company's ordinary shares of 10 pence each ("Ordinary Shares") were granted to Gary Skinner, who is a person discharging managerial responsibilities ("PDMR"), as set out below.
Name | Position | Number of options granted |
Gary Skinner | Managing Director | 500,000 |
The options were granted for nil consideration with an exercise price of 61.3 pence per share, being the closing price of the Ordinary Shares on the date of grant.
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 | Gary Skinner | |
2 | Reason for the notification | ||
a) | Position/status | PDMR | |
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 | Grant of options over ordinary shares | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
61.3p
| 500,000 | ||
e) | Aggregated information - Aggregated volume - Price | N/A (Single Transaction)
| |
f) | Date of the transaction | 18 March 2019 | |
g) | Place of the transaction | N/A - Outside of a trading venue | |