Director/PDMR Shareholding

RNS Number : 1019E

Springfield Properties PLC

25 February 2020

 

25 February 2020

Springfield Properties plc

("Springfield" or the "Company")

Director/PDMR Shareholding

Springfield Properties plc (AIM:SPR), a leading housebuilder in Scotland delivering private and affordable housing, announces that Mr Innes Smith, Chief Executive Officer of the Company, sold 250,000 ordinary shares of 0.125 pence each in the capital of the Company ("Ordinary Shares") at a price of 145 pence per Ordinary Share on 25 February 2020. Mr Smith intends to use the proceeds of the transaction for the purchase of a family home. Following this transaction, Mr Smith holds 952,428¹ Ordinary Shares, representing approximately 0.97% of the issued share capital of the Company.  

¹ Includes the holdings of Innes Smith's wife, Eilidh Smith.

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	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	Sale of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			145 pence	250,000
d)	Aggregated information
	- Aggregated volume	n/a
	- Price
e)	Date of the transaction	25 February 2020
f)	Place of the transaction	London Stock Exchange

Enquiries

Springfield Properties
Sandy Adam, Executive Chairman Innes Smith, Chief Executive Officer	[phone]
N+1 Singer
Shaun Dobson, James Moat (Corporate Finance) Rachel Hayes (Corporate Broking)	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan	[phone]

 

END

 

 

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