Inland Homes PLC Issue Of Shares (2016V)
July 19 2018 - 8:07AM
UK Regulatory
TIDMINL
RNS Number : 2016V
Inland Homes PLC
19 July 2018
19 July 2018
Inland Homes plc
("Inland Homes" or the "Company")
Issue of Shares
Inland Homes plc (AIM: INL), the leading brownfield regeneration
specialist and housebuilder with a focus on the South and South
East of England, announces that it has issued 2,814,924 new
ordinary shares of 10 pence each ("New Shares") to Stephen Wicks,
Chief Executive Officer, in exchange for 248 of his vested Growth
Shares under the Long Term Incentive Plan ("LTIP").
The New Shares being issued and allotted pursuant to the
Company's LTIP will rank pari passu with the existing ordinary
shares. Following the issue of New Shares, Stephen Wicks holds a
total of 16,802,256 ordinary shares in the Company.
Application will be made to the London Stock Exchange for the
admission of the New Shares, which is expected to take place on or
around 24 July 2018.
Following the admission, the Company will have a total of
207,366,045 ordinary shares in issue, of which 825,000 are held in
treasury and are not eligible to vote. As the EBT shares will
abstain from exercising its voting rights at any general meeting of
the Company, the total number of voting rights in the Company will
be 204,913,545, and this figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or change to their
interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 ("MAR").
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Stephen Wicks
-------------------------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------------------------- ----------------------------------------------
b) Initial notification/Amendment Initial notification
-------------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------------
a) Name Inland Homes plc
-------------------------------------------- ----------------------------------------------
b) 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 Ordinary shares of 10 pence each in Inland
the financial Homes plc
instrument, type
of instrument
-------------------------------------------- ----------------------------------------------
b) Identification ISIN: GB00B1TR0310
Code
-------------------------------------------- ----------------------------------------------
c) Nature of the Issue of New Shares to PDMR
transaction
-------------------------------------------- ----------------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------------- ----------------------- ---------------------
N/A 2,814,924
------------------------------------------------------------------------- ---------------------
e) Aggregated information N/A (Single Transaction)
- Aggregated volume 2,814,924
- Price N/A
-------------------------------------------- ---------------------------------------------------
f) Date of the transaction 18 July 2018
-------------------------------------------- ----------------------------------------------
g) Place of the transaction Outside of a trading venue
-------------------------------------------- ----------------------------------------------
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.
END
MSCFKCDKNBKDQOD
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