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	[phone]
N+1 Singer
Shaun Dobson, James Moat (Corporate Finance) Rachel Hayes (Corporate Broking)	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan	[phone]

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

 

END

 

 

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