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Springfield Props. (SPR)

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Thursday 21 January, 2021

Springfield Props.

Director/PDMR Shareholding

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)

Initialnotification/ 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

Identificationcode

GB00BF1QPG26

b)

Nature of thetransaction

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)

Initialnotification/ 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

Identificationcode

GB00BF1QPG26

b)

Nature of thetransaction

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)

Initialnotification/ 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

Identificationcode

GB00BF1QPG26

b)

Nature of thetransaction

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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