Transaction in Own Shares

RNS Number : 5323Q
Inland Homes PLC
29 June 2022
 

29 June 2022

 

Inland Homes plc

("Inland Homes" or the "Company")

Transaction in Own Shares

 

Inland Homes announces that on 28 June 2022 it purchased an aggregate of 40,000 ordinary shares at a volume weighted average price of 39.17 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 230,126,045 ordinary shares in issue, of which 1,832,178 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 226,666,367 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

25,000

39.27

08:27:04

AIMX

15,000

39.00

15:58:04

AIMX

 

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)








 

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