Information  X 
Enter a valid email address

Springfield Props. (SPR)


Monday 20 December, 2021

Springfield Props.

Result of General Meeting

RNS Number : 1943W
Springfield Properties PLC
20 December 2021

20 December 2021


Springfield Properties plc

("Springfield" or the "Company")


Result of General Meeting


The Board of Springfield (AIM: SPR), a leading housebuilder in Scotland delivering private and affordable housing, is pleased to announce that at the General Meeting held earlier today, for Shareholders to approve the issue of the Placing Shares, all Resolutions were duly passed.


Accordingly, the Company has raised gross proceeds of £22.0 million further to the announcement made in connection with the Placing on 1 December 2021 (the "Launch Announcement").


Application has been made for the Placing Shares to be admitted to trading on AIM and it is expected that Admission will become effective and that dealings in the Placing Shares will commence at 8.00 a.m. on 21 December 2021.


Immediately following Admission, the Company's issued share capital will consist of 118,270,326 Ordinary Shares. No shares are held in treasury and therefore there will be 118,270,326 total voting rights in the Company. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.


Capitalised terms used in this announcement have the meanings given to them in the Launch Announcement, unless the context provides otherwise.




Springfield Properties


Sandy Adam, Chairman

Innes Smith, Chief Executive Officer

+44 1343 552550



Singer Capital Markets


Shaun Dobson, Rachel Hayes, James Moat

(Investment Banking)

+44 20 7496 3000



Luther Pendragon


Harry Chathli, Claire Norbury

+44 20 7618 9100




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t