Transaction in Own Shares

RNS Number : 8990N

Inland Homes PLC

07 June 2022

 

7 June 2022

Inland Homes plc

("Inland Homes" or the "Company")

Transaction in Own Shares

Inland Homes announces that on 6 June 2022 it purchased an aggregate of 100,000 ordinary shares at a volume weighted average price of 44.57 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 1,429,178 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 227,044,367 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.

Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Venue
80,000	44.59	10:28:07	AIMX
20,000	44.50	13:17:41	AIMX

For further information, please contact:

Inland Homes plc	Tel: [phone]
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Panmure Gordon (UK) Limited Nominated Adviser and Broker	Tel: [phone]
Dominic Morley / James Sinclair-Ford (Corporate Finance)
Erik Anderson (Corporate Broking)

 

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