TIDMINL

RNS Number : 2318O

Inland Homes PLC

08 February 2021

8 February 2021

INLAND HOMES PLC

("INLAND", "Group" OR "COMPANY")

board changes

Inland Homes plc, the leading brownfield developer, housebuilder and partnership housing company with a focus on the South and South East of England, today announces that Terry Roydon who was appointed to the Board in, and been Chairman since, 2007, will be standing down from the Board at the conclusion of the Company's Annual General Meeting ("AGM") to be held at 11 am on 11(th) March 2021.

The position of Chairman will be assumed by Simon Bennett and Brian Johnson will replace Simon in the role of Senior Independent Director, both with effect from the conclusion of the AGM.

The Company is also delighted to announce the appointment of Carol Duncumb as a Non-executive Director with effect from 8 February 2021. Carol is currently a Non-executive Director and Chair of the Remuneration Committee of Mattioli Woods plc, the AIM-listed specialist wealth management and employee benefits business. She also acts as an external adviser to a number of private companies and is an active angel investor in a number of scale-up businesses. Carol has a 35 year track record of brand building experience across a range of consumer-related businesses, most notably in retail where she led the management buy-out of menswear brand Wolsey Ltd before selling the business to Matalan in 2002, and acting as CEO to Intimas PLC between 2002 and 2008.

Stephen Wicks, CEO of Inland Homes, commented:

"Terry has played an integral role over the past fourteen years in the Group's success, setting clear strategic direction and delivering strong leadership. I would like to personally thank Terry for his longstanding dedication to the interests of Inland and the very considerable contribution that he has made to the Company during his time on the Board."

Terry Roydon, Chairman of Inland Homes, commented:

"We are delighted to welcome Carol to the Board. Her wealth of experience, especially in brand building and consumer-related businesses, will bring invaluable insight to the Company.

"Inland today is a very different business to the one I joined in 2007 and I am proud to have played a part in its exciting growth journey. I wish the Company well for the future as it enters the next phase in its development."

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 
  Galyna Kulachek 
  Rosie Driscoll

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

Additional Information

In accordance with the AIM Rules, the following information required to be disclosed in relation to Carol Duncumb is set out below. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules.

Carol Avis Duncumb (née Walton), 58, is, or has been in the previous five years, a director of the following companies:

 
 Current Directorships   Past Directorship 
 ETHERLUTION LIMITED     PORTLAND MEWS RESIDENTS ASSOCIATION 
                          LIMITED 
                        ------------------------------------ 
 BEMYBRA LTD 
                        ------------------------------------ 
 MATTIOLI WOODS PLC 
                        ------------------------------------ 
 MYCENTIVISE LIMITED 
                        ------------------------------------

Carol currently has no shareholding in the Company.

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

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END

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