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Director Share Purchase

27th May 2025 07:00

RNS Number : 0874K
Springfield Properties PLC
27 May 2025
 

27 May 2025

 

Springfield Properties plc

("Springfield" or the "Company")

 

Director Share Purchase

 

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces that, on 22 May 2025, Sandy Adam, Chairman, purchased 25,000 ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") at a price of 95 pence per Ordinary Share. Following this transaction, the beneficial shareholding of Mr. Adam is 27,688,019 Ordinary Shares1 in the Company, representing 23.3% of the issued share capital.

 

1Includes the direct and indirect holdings of Mr. Adam and Anne Adam

 

Enquiries

 

Springfield Properties

Sandy Adam, Chairman

Innes Smith, Chief Executive Officer

Iain Logan, Chief Financial Officer

+44 1343 552550

Singer Capital Markets

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

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

95p

25,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

22 May 2025

f)

Place of the transaction

London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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Related Shares:

Springfield Pr.
FTSE 100 Latest
Value8,774.26
Change1.88