SPR.L

Springfield Properties PLC
Springfield Props. - Director Shareholding
11th June 2024, 08:15
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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 Shares1 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

Innes Smith, Chief Executive Officer

Iain Logan, Chief Financial Officer

+44 1343 552550



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


 

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

Identification code

Ordinary shares of 0.125 pence each

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

- 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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