RNS Number : 2230H
Inland ZDP PLC
30 July 2019
 

Inland ZDP PLC

 

 

ZDP Share Accrued Value and Asset Cover

 

30 July 2019

 

As at 30 June 2019, each ZDP Share had an accrued Capital Entitlement of 156.01 pence.

 

The Cover Ratio as at 30 June 2019 has been calculated as follows:

                                                                                                                                   

Cover Ratio (Assets / Financial Indebtedness)                             2.1 times

 

Capital Entitlement, Assets, Financial Indebtedness and Cover Ratio have been determined as set out in the Circular to ZDP Shareholders published by Inland ZDP PLC on 19 July 2018, which is available at: http://www.inlandhomes.co.uk/inland-zdp-plc/.

 

As at 30 June 2019, Inland Homes plc had complied with all its covenants under the Loan Note, Contribution Agreement and related security documentation.

 

Inland ZDP PLC and Inland Homes PLC has changed its financial reporting date from 30 June to 30 September, which will result in the annual report covering a fifteen month period to 30 September 2019.

 

Enquiries:

Inland ZDP PLC

Nishith Malde FCA                                                                 Tel: 01494 762450

 


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