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INL Inland Homes Plc

8.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Inland Homes Plc LSE:INL London Ordinary Share GB00B1TR0310 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Inland ZDP PLC ZDP Share asset cover as at 30 Sept 2016 (0981Q)

24/11/2016 12:59pm

UK Regulatory


Inland Homes (LSE:INL)
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RNS Number : 0981Q

Inland ZDP PLC

24 November 2016

Inland ZDP PLC

ZDP Share Accrued Value and Asset Cover and financing arrangements

24 November 2016

The Board of Inland ZDP PLC is pleased to announce that as at 30 September 2016, Inland Homes plc had complied with all its covenants under the Loan Note, Contribution Agreement and related security documentation.

As at 30 September 2016, each ZDP Share had an accrued Capital Entitlement of 130.49 pence.

The Cover Ratio and Gearing Ratio as at 30 September 2016 have been calculated as follows:

   Cover Ratio (Assets / Financial Indebtedness)                                     7.0 times 

Gearing Ratio 12.9 per cent.

Capital Entitlement, Assets, Financial Indebtedness, Cover Ratio and Gearing Ratio have been determined as set out in the Prospectus published by Inland ZDP PLC on 14 December 2012, which is available at: http://www.inlandhomes.co.uk/inland-zdp-plc/.

Enquiries:

Inland ZDP PLC

Nishith Malde FCA Tel: 01494 762450

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFEFLELSFIR

(END) Dow Jones Newswires

November 24, 2016 07:59 ET (12:59 GMT)

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