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REG - Springfield Props. - Director Share Purchases

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RNS Number : 2272K  Springfield Properties PLC  19 December 2022

19 December 2022

 

Springfield Properties plc

("Springfield" or the "Company")

 

Director Share Purchases

 

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland
focused on delivering private and affordable housing, announces the purchase
of ordinary shares of 0.125 pence each ("Ordinary Shares") in the capital of
the Company by directors of the Company and their PCAs as follows:

 

 Director              No. of Ordinary Shares purchased  Average price paid per Ordinary Share  No. of Ordinary Shares held after purchase  Percentage of issued share capital held
 Sandy Adam, Chairman  222,899                           77.75 pence                            38,013,019(1)                               32.1(1)
 Innes Smith, CEO      25,831                            77.38 pence                            949,485(2)                                  0.8(2)

(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).

(2) Includes the holdings of Innes Smith's wife, Eilidh Smith.

 

Further to this, the Company has been notified by Innes Smith that he has
purchased, and placed an order to sell, a further 25,836 Ordinary Shares in
order to affect an ISA transfer. The sale of these shares is expected to
complete in the coming days.

 

 

Enquiries:

 

 Springfield Properties
 Sandy Adam, Chairman                                          +44 1343 552550

 Innes Smith, Chief Executive Officer

 Singer Capital Markets
 Shaun Dobson, James Moat, Oliver Platts (Investment Banking)  +44 20 7496 3000

 Gracechurch Group
 Harry Chathli, Claire Norbury                                 +44 20 4582 3500

 

Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them

 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)
                                                                                     77.75 pence       127,899
                                                                                     77.75 pence       95,000

 d)   Aggregated information

      - Aggregated volume                                          222,899

      - Price                                                      77.75 pence

 e)   Date of the transaction                                      14 December 2022

 f)   Place of the transaction                                     London Stock Exchange

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Innes Smith

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 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)
                                                                                     77.36 pence       25,836

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      16 December 2022

 f)   Place of the transaction                                     London Stock Exchange

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Eilidh Smith

 2    Reason for the notification

 a)   Position/status                                              PCA of Innes Smith, Chief Executive Officer

 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)
                                                                                     77.38 pence       25,831

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      16 December 2022

 f)   Place of the transaction                                     London Stock Exchange

 

 

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