Inland Homes PLC - Director/PDMR Shareholding

RNS Number : 6811U

Inland Homes PLC

31 July 2020

Inland Homes plc

("Inland Homes", "Group" or "Company")

Director Shareholding

The Company was advised on 30 July 2020 that Nishith Malde, an executive director of the Company, transferred 7,123,200 ordinary shares in the Company ("Ordinary Shares") from his Qualifying Non-UK Pension Scheme to an International Pension Plan, for no consideration. Following the transfer, Nishith Malde continues to have an interest in 10,996,792 Ordinary Shares representing approximately 4.85% of the Company's issued share capital.

The notification set out in the below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details.

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Nishith Malde
2.	Reason for the notification
a)	Position / status	Group Finance Director
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Inland Homes plc
c)	LEI	213800UQCOFZ8S8JRM45
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Ordinary Shares
b)	Nature of the transaction	Transfer from Qualifying Non-UK Pension Scheme to International Pension Plan

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p	7,123,200

Aggregated information

Aggregated volume Price

7,123,200 shares in Inland Homes PLC at Nil consideration

Date of the transaction

30 July 2020

Place of the transaction

Outside a trading venue

Enquiries:

Inland Homes plc:	Tel: +44 (0)1494 762450
Stephen Wicks, Chief Executive
Nish Malde, Finance Director
Gary Skinner, Managing Director

Panmure Gordon (UK) Limited	Tel: +44 (0)20 7886 2500
Dominic Morley
Erik Anderson

Instinctif Partners	Tel: +44 (0)20 7457 2020
Mark Garraway Rosie Driscoll

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation EU 596/2014.

Notes to Editors:

Incorporated in the UK in 2005, Inland Homes plc is an AIM listed specialist housebuilder and brownfield developer, dedicated to achieving excellence in sustainability and design.

Inland Homes acquires brownfield land in the South and South-East of England principally for residentially led development schemes. The business then enhances the land value by obtaining planning permission, before building open market and affordable homes or selling surplus consented land to other developers to generate cash.

The Company is committed to extensive public and community consultation in order to ensure that, where possible, local community needs and objectives are met.

Inland's aim is to create sustainable communities and homes which set a benchmark for all future developments in the South and South East of England. The Company is always looking for brownfield sites without planning permission for future development.

For further information, please visit the Inland Homes website at www.inlandhomes.co.uk.

Hugg Homes - www.hugghomes.co.uk

Rosewood Housing - www.rosewoodhousing.co.uk

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 [email protected] or visit www.rns.com.

END

DSHKKKBBOBKDPON

Quick facts: Inland Homes PLC

Price: 49.5

Market: AIM

Market Cap: £113.03 m

Follow

View company profile

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE