Director Share Purchases

RNS Number : 2272K

Springfield Properties PLC

19 December 2022

 

19 December 2022

Springfield Properties plc

("Springfield" or the "Company")

Director Share Purchases

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces the purchase of ordinary shares of 0.125 pence each ("Ordinary Shares") in the capital of the Company by directors of the Company and their PCAs as follows:

Director	No. of Ordinary Shares purchased	Average price paid per Ordinary Share	No. of Ordinary Shares held after purchase	Percentage of issued share capital held
Sandy Adam, Chairman	222,899	77.75 pence	38,013,0191	32.11
Innes Smith, CEO	25,831	77.38 pence	949,4852	0.82

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 Innes Smith's wife, Eilidh Smith.

Further to this, the Company has been notified by Innes Smith that he has purchased, and placed an order to sell, a further 25,836 Ordinary Shares in order to affect an ISA transfer. The sale of these shares is expected to complete in the coming days. 

Enquiries:

Springfield Properties
Sandy Adam, Chairman Innes Smith, Chief Executive Officer	[phone]
Singer Capital Markets
Shaun Dobson, James Moat, Oliver Platts (Investment Banking)	[phone]
Gracechurch Group
Harry Chathli, Claire Norbury	[phone]

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	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	Ordinary shares of 0.125 pence each
	Identification code	GB00BF1QPG26
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			77.75 pence	127,899
			77.75 pence	95,000
d)	Aggregated information
	- Aggregated volume	222,899
	- Price	77.75 pence
e)	Date of the transaction	14 December 2022
f)	Place of the transaction	London Stock Exchange

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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			77.36 pence	25,836
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	16 December 2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Eilidh Smith
2	Reason for the notification
a)	Position/status	PCA of Innes Smith, 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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			77.38 pence	25,831
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	16 December 2022
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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