REG - Springfield Props. - Director Shareholding

Springfield PropertiesAnnouncement

11/06/2024 09:15

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RNS Number : 9687R  Springfield Properties PLC  11 June 2024

11 June 2024

 

Springfield Properties plc

("Springfield" or the "Company")

 

Director Shareholding

 

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland
focused on delivering private and affordable housing, announces that, on 7
June 2024, Sandy Adam, Chairman, sold 125,000 ordinary shares of 0.125 pence
each in the Company ("Ordinary Shares") at a price of 96.23 pence per Ordinary
Share. Following this transaction, Mr. Adam holds 37,888,019 Ordinary
Shares(1) in the Company, representing 31.9% of the issued share capital.

 

(1 )Includes the holdings of Anne Adam, The Adam Settlement (of which Sandy
Adam's sons are beneficiaries) and AW Adam Liferent Trust (of which Sandy Adam
is a beneficiary).

 

Enquiries

 

 Springfield Properties
 Sandy Adam, Chairman                                          +44 1343 552550

 Innes Smith, Chief Executive Officer

 Iain Logan, Chief Financial Officer

 Singer Capital Markets
 Shaun Dobson, James Moat, Oliver Platts (Investment Banking)  +44 20 7496 3000

 Gracechurch Group
 Harry Chathli, Claire Norbury, Henry Gamble                   +44 20 4582 3500

 

Analyst Research

 

Equity Development and Progressive Equity produce freely available research on
Springfield Properties plc, including financial forecasts. This is available
to view and download here:

https://www.thespringfieldgroup.co.uk/news/updates-and-analyst-reports
(https://www.thespringfieldgroup.co.uk/news/updates-and-analyst-reports)

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Sandy Adam
 2    Reason for the notification
 a)   Position/status                                              Chairman
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Springfield Properties plc
 b)   LEI                                                          21380026UDE3LKFSDP68
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 0.125 pence each

      Identification code                                          GB00BF1QPG26
 b)   Nature of the transaction                                    Disposal of Ordinary Shares
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   96.23p    125,000
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      7 June 2024
 f)   Place of the transaction                                     London Stock Exchange

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

7 June 2024

f)

Place of the transaction

London Stock Exchange

 

 

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