18 May 2022 07:00
18 May 2022
Inland Homes plc
("Inland Homes" or the "Company")
Transaction in Own Shares
Inland Homes announces that on 17 May 2022 it purchased 15,000 ordinary shares at 46.50 pence per share pursuant to the share buyback programme that was announced on 19 April 2022. The purchased shares will be held in treasury.
Following the above purchase, there are 230,101,045 ordinary shares in issue, of which 902,881 are held in treasury and do not carry voting rights.
The Company's Employee Benefit Trust currently holds 1,627,500 ordinary shares and shall abstain from exercising its voting rights at any general meeting of the Company.
Consequently shareholders should use 227,570,664 ordinary shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.
For further information, please contact:
Inland Homes plc | Tel: +44 (0) 1494 762 450 |
Stephen Wicks, Chief Executive | |
Nishith Malde, Finance Director | |
Panmure Gordon (UK) Limited Nominated Adviser and Broker | Tel: +44 (0) 20 7886 2500 |
Dominic Morley / James Sinclair-Ford (Corporate Finance) | |
Erik Anderson (Corporate Broking) | |