Inland ZDP PLC ZDP Share asset cover as at 30 Sept 2016 (0981Q)
November 24 2016 - 7:59AM
UK Regulatory
TIDMINLZ TIDMINL
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
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