TIDMINLZ

RNS Number : 7941K

Inland ZDP PLC

30 August 2023

Inland ZDP PLC

Possible breach of loan covenant

30 August 2023

Inland Homes PLC is considering possible provisions to be made against certain asset values in its accounts with its auditors. The amounts of any such provisions, which have not yet been determined, appear likely to trigger a breach of the asset cover covenant applicable to the loan between Inland ZDP PLC and Inland Homes PLC.

A further announcement will be made as soon as the asset values (net of any relevant provisions) have been determined.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STRSDESWSEDSEEA

(END) Dow Jones Newswires

August 30, 2023 03:24 ET (07:24 GMT)

Inland Zdp (LSE:INLZ)
Historical Stock Chart
Von Okt 2024 bis Nov 2024 Click Here for more Inland Zdp Charts.
Inland Zdp (LSE:INLZ)
Historical Stock Chart
Von Nov 2023 bis Nov 2024 Click Here for more Inland Zdp Charts.