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RNS Number : 0468R Springfield Properties PLC 24 February 2023
24 February 2023
Springfield Properties plc
("Springfield" or the "Company")
Director Shareholdings
Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland
focused on delivering private and affordable housing, announces the following
transactions in ordinary shares of 0.125 pence each in the Company ("Ordinary
Shares") undertaken by directors of the Company and their PCAs.
A total of 672,584 Ordinary Shares were transferred, yesterday, from the AW
Adam Liferent Trust, a trust of Sandy Adam, Chairman of the Company, to Mr.
Adam. Following this transfer, Mr. Adam continues to have an interest in
38,013,019(1) Ordinary Shares, representing 32.1% of the Company's issued
share capital.
Roger James Eddie, Non-Executive Director of the Company and his PCAs,
yesterday sold 47,047 Ordinary Shares at a price of 80 pence per Ordinary
Share. Roger and his PCAs yesterday repurchased 47,010 Ordinary Shares at a
price of 80 pence per Ordinary Share, in order to affect an ISA transfer.
Following these transactions, Roger James Eddie continues to have an interest
in 47,133(2) Ordinary Shares, representing 0.04% of the Company's 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).
(2 )Includes the holdings of Roger James Eddie's wife, Isabell Davies Eddie.
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
Details of the person discharging managerial responsibilities / person closely
associated
Name AW Adam Liferent Trust
Reason for the notification
Position/status PCA of Sandy Adam, Chairman
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Springfield Properties plc
LEI 21380026UDE3LKFSDP68
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
Description of the financial instrument, type of instrument Ordinary shares of 0.125 pence each
Identification code GB00BF1QPG26
Nature of the transaction Transfer of Ordinary Shares
Price(s) and volume(s)
Price(s) Volume(s)
N/A 672,584
Aggregated information
- Aggregated volume N/A
- Price
Date of the transaction 23 February 2023
Place of the transaction Off market
Details of the person discharging managerial responsibilities / person closely
associated
Name Sandy Adam
Reason for the notification
Position/status Chairman
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Springfield Properties plc
LEI 21380026UDE3LKFSDP68
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
Description of the financial instrument, type of instrument Ordinary shares of 0.125 pence each
Identification code GB00BF1QPG26
Nature of the transaction Receipt of Ordinary Shares
Price(s) and volume(s)
Price(s) Volume(s)
N/A 672,584
Aggregated information
- Aggregated volume N/A
- Price
Date of the transaction 23 February 2023
Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Roger James Eddie
2 Reason for the notification
a) Position/status Non-Executive Director
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 Sale and repurchase of Ordinary Shares to effect an ISA transfer
c) Price(s) and volume(s)
Price(s) Volume(s)
80 pence 22,170 (sale)
80 pence 22,152 (repurchase)
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 23 February 2023 (sale)
23 February 2023 (repurchase)
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Isabell Davies Eddie
2 Reason for the notification
a) Position/status PCA of Roger James Eddie
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 Sale and repurchase of Ordinary Shares to effect an ISA transfer
c) Price(s) and volume(s)
Price(s) Volume(s)
80 pence 24,877 sale
80 pence 24,858 repurchase
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 23 February 2023 (sale)
23 February 2023 (repurchase)
f) Place of the transaction London Stock Exchange
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