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.
Enquiries
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Springfield Properties
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Sandy Adam, Chairman
Innes Smith, Chief Executive Officer
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+44 1343 552550
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Singer Capital Markets
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Shaun Dobson, Rachel Hayes, James Moat
(Investment Banking)
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+44
20 7496 3000
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Luther Pendragon
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Harry Chathli, Claire Norbury
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+44 20 7618 9100
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