Last checked at 14 Mar 2014 12:20
Press release
Inland ZDP PLC
Result of General Meeting
For immediate release
14 March 2014
The Board of Inland ZDP PLC ("ZDPCo") is pleased to announce that the resolution proposed at the General Meeting held today was passed unanimously.
The resolution authorises the Directors to allot additional ZDP Shares to increase the number of ZDP Shares in issue to up to 14,000,000 by way of the Issue and subsequent further issues, such authorities to expire on 13 March 2017. Accordingly the issue of 934,900 New ZDP Shares announced on 12 March 2014 is now conditional only on the admission of the New ZDP Shares to Listing and to trading on the Main Market of the London Stock Exchange, which is expected to be effective on 19 March 2014.
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Inland Homes PLC Stephen Wicks, Chief Executive Nishith Malde, Finance Director Paul Brett, Land Director
Tel: +44 (0) 1494 762450
Email: info@inlandplc.com www.inlandplc.com Ticker: LSE: AIM: INL | EGR Broking Limited Broker to the Placing Paul Glover: Sales David Floyd: Corporate Finance | finnCap Nomad & Broker to INLAND Corporate Finance: Matthew Robinson or Simon Hicks Corporate Broking: Simon Starr Tel:+44 (0) 20 7220 0500
| Blythe Weigh Communications IR & media relations consultants Tim Blythe, Director or Paul Weigh, Director Tel: 020 7138 3205
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Editor's Note:
INLAND identifies land in the South of England where it considers it to hold excellent potential for residential and mixed use development including commercial space. It then seeks to enhance its land value by obtaining planning permission before selling consented land onto housebuilders. It also develops some of its own plots for private sale.
IMPORTANT INFORMATION
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE OR ACQUIRE ANY TRANSFERABLE SECURITIES NOR SHALL IT FORM THE BASIS OF ANY CONTRACT FOR THE SALE OF ANY INTEREST IN A TRANSFERABLE SECURITY OR A SOLICITATION, INDUCEMENT, ADVICE OR RECOMMENDATION TO EFFECT ANY TRANSACTION OF ANY KIND WHATSOEVER. IT IS NOT AN OFFER TO BUY, SUBSCRIBE OR ACQUIRE ANY SECURITIES IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, IS OR WILL BE MADE AS TO, OR IN RELATION TO, AND NO RESPONSIBILITY OR LIABILITY IS OR WILL BE ACCEPTED BY INLAND OR ZDPCO OR BY ANY OF THEIR RESPECTIVE AFFILIATES OR AGENTS AS TO, OR IN RELATION TO, THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OTHER WRITTEN OR ORAL INFORMATION MADE AVAILABLE TO OR PUBLICLY AVAILABLE TO ANY INTERESTED PARTY OR ITS ADVISERS, AND ANY LIABILITY THEREFORE IS EXPRESSLY DISCLAIMED.
ALL INVESTMENTS ARE SUBJECT TO RISK. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RETURNS. THE VALUE OF INVESTMENTS MAY FLUCTUATE. RESULTS ACHIEVED IN THE PAST ARE NO GUARANTEE OF FUTURE RESULTS. THIS DOCUMENT IS NOT INTENDED TO CONSTITUTE LEGAL, TAX OR ACCOUNTING ADVICE OR INVESTMENT RECOMMENDATIONS. PROSPECTIVE INVESTORS ARE ADVISED TO SEEK EXPERT LEGAL, FINANCIAL, TAX AND OTHER PROFESSIONAL ADVICE BEFORE MAKING ANY INVESTMENT DECISION.