REG - Springfield Props. - Director Share Purchase

Springfield PropertiesAnnouncement

27/05/2025 07:00

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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 Shares(1) in the Company, representing 23.3% of
the issued share capital.

 

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

 

Enquiries

 

 Springfield Properties
 Sandy Adam, Chairman                            +44 1343 552550

 Innes Smith, Chief Executive Officer

 Iain Logan, Chief Financial Officer

 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
(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                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   95p       25,000
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      22 May 2025
 f)   Place of the transaction                                     London Stock Exchange

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

 

 

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