Director Shareholding

Springfield Properties PLC

11 June 2024

 

11 June 2024

Springfield Properties plc

("Springfield" or the "Company")

Director Shareholding

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces that, on 7 June 2024, Sandy Adam, Chairman, sold 125,000 ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") at a price of 96.23 pence per Ordinary Share. Following this transaction, Mr. Adam holds 37,888,019 Ordinary Shares¹ in the Company, representing 31.9% of the 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 Iain Logan, Chief Financial Officer	[phone]
Singer Capital Markets
Shaun Dobson, James Moat, Oliver Platts (Investment Banking)	[phone]
Gracechurch Group
Harry Chathli, Claire Norbury, Henry Gamble	[phone]

Analyst Research

Equity Development and Progressive Equity produce freely available research on Springfield Properties plc, including financial forecasts. This is available to view and download here:

https://www.thespringfieldgroup.co.uk/news/updates-and-analyst-reports

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 Identification code	Ordinary shares of 0.125 pence each GB00BF1QPG26
b)	Nature of the transaction	Disposal of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 96.23p 125,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	7 June 2024
f)	Place of the transaction	London Stock Exchange

 

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