REG - Springfield Props. - Exercise of Options, Issue of Equity and TVR

Springfield PropertiesAnnouncement

20/03/2024 15:00

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RNS Number : 6553H  Springfield Properties PLC  20 March 2024

20 March 2024

 

Springfield Properties plc

("Springfield" or the "Company")

 

Exercise of Options, Issue of Equity and Total Voting Rights

 

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland
focused on delivering private and affordable housing, announces that, on 15
March 2024, an employee of the Company exercised options over 13,748 ordinary
shares of 0.125 pence each in the Company ("Ordinary Shares").

 

Total Voting Rights

Application has been made to the London Stock Exchange for the 13,748 Ordinary
Shares to be admitted to trading on AIM ("Admission") and it is expected that
Admission will become effective at 8:00 a.m. on or around 26 March 2024. The
new Ordinary Shares will rank pari passu with the existing Ordinary Shares
in the Company.

Following Admission, the total number of Ordinary Shares in issue will be
118,669,124. This figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the share capital of the
Company under the FCA's Disclosure and Transparency Rules.

Enquiries

 

 Springfield Properties
 Sandy Adam, Chairman                                          +44 1343 552550

 Innes Smith, Chief Executive Officer

 Iain Logan, Chief Financial Officer

 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
(https://www.thespringfieldgroup.co.uk/news/updates-and-analyst-reports)

 

 

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