RNS Number : 5007G
Inland ZDP PLC
06 November 2018

Inland ZDP PLC


ZDP Share Accrued Value and Asset Cover


6 November 2018


As at 30 September 2018, each ZDP Share had an accrued Capital Entitlement of 149.89 pence.


The Cover Ratio as at 30 September 2018 has been calculated as follows:


Cover Ratio (Assets / Financial Indebtedness)                                2.4 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 September 2018, Inland Homes plc had complied with all its covenants under the Loan Note, Contribution Agreement and related security documentation.


The Cover Ratio shown above is not directly comparable with the published Cover Ratio as at 30 June 2018.  This is due to the changes approved by shareholders of Inland ZDP PLC on 13 August 2018, details of which are set out in the circular referred to above.



Inland ZDP PLC

Nishith Malde FCA                                                                   Tel: 01494 762450


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