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ZDP Share accrued value and asset cover

10 Aug 2020 16:36

RNS Number : 6969V
Inland ZDP PLC
10 August 2020
 

Inland ZDP PLC

 

 

ZDP Share Accrued Value and Asset Cover

 

10 August 2020

 

As at 30 June 2020, each ZDP Share had an accrued Capital Entitlement of 164.6 pence.

 

The Cover Ratio as at 30 June 2020 has been calculated as follows:

Cover Ratio (Assets / Financial Indebtedness) 2.01 times

 

Capital Entitlement, Assets, Financial Indebtedness and Cover Ratio have been determined as set out in the Circular to ZDP Shareholders published by Inland ZDP PLC on 19 July 2018, which is available at: http://www.inlandhomes.co.uk/inland-zdp-plc/.

 

As at 30 June 2020, Inland Homes plc had complied with all its covenants under the Loan Note, Contribution Agreement and related security documentation.

 

 

Enquiries:

Inland ZDP PLC

Nishith Malde FCA Tel: 01494 762450

 

 

This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on Market Abuse. Upon the publication of this announcement, this information is considered to be in the public domain.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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