REG - Springfield Props. - Director/PDMR Shareholding

Springfield PropertiesAnnouncement

21/01/2021 14:55

RNS Number : 5104M
  
Springfield Properties PLC
  
21 January 2021
  
 

21 January 2021
 
Springfield Properties plc
("Springfield" or the "Company")
 
Director/PDMR Shareholding
 
Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland offering private and affordable housing, announces the transfer of ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") between the following trusts of which Sandy Adam, Chairman of the Company, is a beneficiary:  
 
·      672,584 Ordinary Shares transferred from The Adam Settlement to Moray Land Farming Partnership
·      672,584 Ordinary Shares transferred from Moray Land Farming Partnership to AW Adam Liferent Trust
 
Following these transfers, Mr. Adam continues to have an interest in 40,990,1201 Ordinary Shares, representing 41.6 per cent. 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).
 
Enquiries:



Springfield Properties


 




Sandy Adam, Chairman
Innes Smith, Chief Executive Officer


+44 1343 552550




 


 




N+1 Singer


 




Shaun Dobson, James Moat (Corporate Finance)
Rachel Hayes (Corporate Broking)


+44 20 7496 3000




 


 




Luther Pendragon


 




Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan


+44 20 7618 9100



 
 




 
The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


The Adam Settlement




2


Reason for the notification




a)


Position/status


   PCA of Sandy Adam, 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


Transfer of Ordinary Shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




N/A 


672,584








d)


Aggregated information
-   Aggregated volume
-   Price
 


 
  N/A




e)


Date of the transaction


12 January 2021




f)


Place of the transaction


Off market



 
 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Moray Land Farming Partnership




2


Reason for the notification




a)


Position/status


   PCA of Sandy Adam, 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


1.   Receipt of Ordinary Shares
2.   Transfer of Ordinary Shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




1.   N/A
2.   N/A 


1.   672,584
2.   672,584








d)


Aggregated information
-   Aggregated volume
-   Price
 


 
  In respect of 1 and 2 of 4(c): N/A 




e)


Date of the transaction


1.   12 January 2021
2.   12 January 2021
3.   




f)


Place of the transaction


1.   Off market
2.   Off market



 
 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


AW Adam Liferent Trust




2


Reason for the notification




a)


Position/status


   PCA of Sandy Adam, 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


Receipt of Ordinary Shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




N/A 


672,584








d)


Aggregated information
-   Aggregated volume
-   Price
 


 
  N/A




e)


Date of the transaction


12 January 2021




f)


Place of the transaction


Off market



 
 
 
 
 
 
 

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