Inland ZDP PLC Possible loan covenant breach (7941K)

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.

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

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