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Springfield Properties plc announced that on 7 June 2024, its Chairman, Sandy Adam, sold 125,000 ordinary shares at a price of 96.23 pence per share. Following this transaction, Mr. Adam holds 37,888,019 ordinary shares, representing 31.9% of the Company's issued share capital.
| Date | 11 Jun 2024 |
| Time | 09:15:05 |
| Category | Director/PDMR dealings |
| ID | 9687R |
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
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Springfield Properties |
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Sandy Adam, Chairman Innes Smith, Chief Executive Officer Iain Logan, Chief Financial Officer |
+44 1343 552550 |
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Singer Capital Markets |
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Shaun Dobson, James Moat, Oliver Platts (Investment Banking) |
+44 20 7496 3000 |
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Gracechurch Group |
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Harry Chathli, Claire Norbury, Henry Gamble |
+44 20 4582 3500 |
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
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Sandy Adam |
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2 |
Reason for the notification |
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a) |
Position/status |
Chairman |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Springfield Properties plc |
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b) |
LEI |
21380026UDE3LKFSDP68 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.125 pence each GB00BF1QPG26 |
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b) |
Nature of the transaction |
Disposal of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transaction |
7 June 2024 |
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f) |
Place of the transaction |
London Stock Exchange
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