Inland ZDP PLC ZDP Share Accrued Value and Asset Cover (6400X)
01 Mayo 2019 - 1:00AM
UK Regulatory
TIDMINLZ
RNS Number : 6400X
Inland ZDP PLC
01 May 2019
Inland ZDP PLC
ZDP Share Accrued Value and Asset Cover
1 May 2019
As at 31 March 2019, each ZDP Share had an accrued Capital
Entitlement of 153.94 pence.
The Cover Ratio as at 31 March 2019 has been calculated as
follows:
Cover Ratio (Assets / Financial Indebtedness) 2.2 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 31 March 2019, 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. The Cover Ratio shown above is comparable to the Cover Ratio
shown in the Inland ZDP PLC's Interim Statement for the six months
ended 31 December 2018.
Enquiries:
Inland ZDP PLC
Nishith Malde FCA Tel: 01494 762450
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
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