Director Share Purchases

RNS Number : 4916K

Springfield Properties PLC

21 December 2022

 

21 December 2022

Springfield Properties plc

("Springfield" or the "Company")

Director Share Purchases

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces that Michelle Motion, Chief Financial Officer of the Company, and Michael Holm, husband and PCA of Michelle Motion, yesterday purchased, through respective ISAs, a total of 6,571 ordinary shares of 0.125 pence each in the capital of the Company ("Ordinary Shares") at an average price of 75.61 pence per Ordinary Share.

Following these purchases, Michelle Motion¹ has an interest in 134,097 Ordinary Shares, representing approximately 0.1% of the issued share capital of the Company.  

In addition, in respect of the Company's announcement of 19 December 2022, the Company confirms that Innes Smith purchased a total of 51,667 Ordinary Shares and that he does not intend to affect an ISA transfer. Accordingly, Innes Smith² now has an interest in 975,321 Ordinary Shares, representing approximately 0.8% of the issued share capital of the Company.  

¹ Includes the holdings of Michelle Motion's husband, Michael Holm.

² Includes the holdings of Innes Smith's wife, Eilidh Smith.

Enquiries:

Springfield Properties
Sandy Adam, Chairman Innes Smith, Chief Executive Officer	[phone]
Singer Capital Markets
Shaun Dobson, James Moat, Oliver Platts (Investment Banking)	[phone]
Gracechurch Group
Harry Chathli, Claire Norbury	[phone]

Notification   and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michelle Motion
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	Ordinary shares of 0.125 pence each
	Identification code	GB00BF1QPG26
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			75.7 pence	3,930
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	20 December 2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Holm
2	Reason for the notification
a)	Position/status	PCA of Michelle Motion, Chief Financial Officer
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	Ordinary shares of 0.125 pence each
	Identification code	GB00BF1QPG26
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			75.485 pence	2,641
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	20 December 2022
f)	Place of the transaction	London Stock Exchange

 

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