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Springfield Props. (SPR)

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Friday 22 January, 2021

Springfield Props.

Director Shareholding

RNS Number : 6542M
Springfield Properties PLC
22 January 2021
 

22 January 2021

 

Springfield Properties plc

("Springfield" or the "Company")

 

Director Shareholding

 

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland offering private and affordable housing, announces that Innes Smith, Chief Executive Officer of the Company, yesterday exercised options over 21,226 ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") at a price of 84.8p per Ordinary Share, under the Company's SAYE option plan.  

 

Following the exercise of options, Mr. Smith has an interest in 973,6541 Ordinary Shares, representing 1.0% per cent. of the Company's enlarged issued share capital. In addition, he holds remaining options over 823,290 Ordinary Shares. 

 

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

 

Enquiries:

Springfield Properties

 

Sandy Adam, Chairman

Innes Smith, Chief Executive Officer

+44 1343 552550

 

 

N+1 Singer

 

Shaun Dobson, James Moat (Corporate Finance)

Rachel Hayes (Corporate Broking)

+44 20 7496 3000

 

 

Luther Pendragon

 

Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan

+44 20 7618 9100

 

 



 

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

Innes Smith

2

Reason for the notification

a)

Position/status

  Chief Executive Officer

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

Exercise of options pursuant to the Springfield Properties plc SAYE Option Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

84.8 pence

21,226

d)

Aggregated information

Aggregated volume

Price

 

 

  N/A single transaction

e)

Date of the transaction

21 January 2021

f)

Place of the transaction

Off market

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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