RNS Number : 2267I
Inland Homes PLC
03 August 2023
 

3 August 2023

 

Inland Homes plc

("Inland Homes" or the "Group")

 

Confirmation of Appointment and Change of Board Responsibilities

 

 

Confirmation of Appointment

 

Further to its announcement of 24 July 2023, Inland Homes plc (AIM: INL), the brownfield developer, housebuilder and partnership housing company with a focus on the South and South East of England, confirms that Richard Padley has been appointed an independent non-executive director of the Group with effect from 2 August 2023.  Richard will also Chair the Audit Committee. 

 

 

Change of Board Responsibilities

 

Following Richard's appointment, the Board has refreshed its committee composition, and announces the following changes with immediate effect:

 

·      The Audit Committee will comprise Richard Padley as Chair, and Matthew Robinson and Trevor Sawyer as members.

 

·      The Nomination Committee will be chaired by Matthew Robinson, with Richard Padley and Trevor Sawyer as members. 

 

·      The Remuneration Committee will comprise Trevor Sawyer as Chair, and Matthew Robinson and Richard Padley as members. 

 

·      Additionally, Trevor Sawyer is appointed as Senior Independent Director. 

 

 

Matthew Robinson, Chair of Inland Homes, commented:

 

"I am pleased to welcome Richard to Inland; his background as a Chartered Accountant and experience in the property sector will make him a valuable addition to the Board.  His arrival has also allowed us to refresh our committee composition, and re-appoint a Senior Independent Director, a role I am delighted that Trevor Sawyer has agreed to fulfil." 

 

 

Additional Information

In accordance with the AIM Rules, the following information required to be disclosed in relation to Richard Padley is set out below. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules.

 

Full name and age

Richard George Padley, aged 32

 

Current beneficial shareholding in the Company

Nil.

12,462,500 shares (4.54%) are held by G W Padley Property 2 Limited, an entity controlled by Padley family interests.

 

Current directorships

Exeter Court 1 Limited

Enquiries

 

Inland Homes plc Tel: 44 (0)1494 762450

Matthew Robinson, Chair

Jolyon Harrison, CEO

 

Panmure Gordon (UK) Limited Tel: 44 (0)20 7886 2500

Dominic Morley / James Sinclair-Ford (Corporate Advisory)

Tom Scrivens (Corporate Broking)

 

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
 
 
BOAGCGDIRDGDGXX