24 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, Sandy Adam, Chairman, sold in aggregate 225,000 ordinary shares of 0.125 pence each in the Company ("Ordinary Shares"). Following these transactions, Mr. Adam holds 37,663,019 Ordinary Shares1 in the Company, representing 31.7% 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) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Aggregate volume: 225,000
Average price: 93.55p
| ||||||
| e) | Date of the transaction | 1. 20 June 2024 2. 19 June 2024 | ||||||
| f) | Place of the transaction | London Stock Exchange | ||||||
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