24 Mar 2023 16:32
24 March 2023
Inland Homes plc (the "Company")
Inland Homes signs Self Remediation Contract
On 30 January 2023 the Rt Hon Michael Gove (Secretary of State for Levelling Up, Housing & Communities) announced the publishing of the self remediation terms (the 'Self Remediation Contract') which follows on from the signing of the Fire Safety Pledge last year by developers, including Inland Homes, and provided for the remediation of life critical fire safety issues in high rise buildings.
Inland Homes announces that it has signed the Department for Levelling Up, Housing and Communities ('DLUHC') Self Remediation Contract ('the Contract') on behalf of the Group and all of its subsidiary companies.
The Contract details the commitment given in the Building Safety Pledge to address life‐critical fire safety issues on all buildings of 11 metres and above in England developed by the Group in the 30 years prior to 5 April 2022, and to reimburse any funds disbursed by the Government's Building Safety Fund for buildings we have developed.
For further information, please contact:
Inland Homes plc Tel: 44 (0)1494 762450
Nishith Malde, Chief Financial Officer
Panmure Gordon (UK) Limited (NOMAD and broker to the Group) Tel: 44 (0)20 7886 2500
Dominic Morley / James Sinclair-Ford (Corporate Advisory)
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").