Springfield Props. - Director Share Purchase
RNS Number : 7784L
Springfield Properties PLC
06 June 2025
6 June 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 4 June 2025, Sandy Adam, Chairman, purchased 20,000 ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") at a price of 94.50 pence per Ordinary Share. Following this transaction, Mr. Adam holds 27,708,019 Ordinary Shares1 in the Company, representing 23.3% of the issued share capital.
1Includes the direct and indirect holdings of Mr. Adam and Anne Adam
Enquiries
| Springfield Properties | |
| Sandy Adam, Chairman Innes Smith, Chief Executive Officer Iain Logan, Chief Financial Officer | +44 1343 552550 |
| 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 |
| 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 | Purchase of Ordinary Shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
| e) | Date of the transaction | 4 June 2025 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||