11th Jun 2024 09:15
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) |
| ||||
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
| ||||
Related Shares:
Springfield Pr.