TIDMINL

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)

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