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Springfield Properties plc announced that its Chairman, Sandy Adam, purchased 25,000 ordinary shares in the company on 22 May 2025. The shares were acquired at a price of 95 pence per ordinary share. Following this transaction, Mr. Adam's beneficial shareholding stands at 27,688,019 ordinary shares, representing 23.3% of the issued share capital.
| Date | 27 May 2025 |
| Time | 07:00:14 |
| Category | Director/PDMR dealings |
| ID | 0874K |
27 May 2025
Springfield Properties plc
("Springfield" or the "Company")
Director Share Purchase
Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces that, on 22 May 2025, Sandy Adam, Chairman, purchased 25,000 ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") at a price of 95 pence per Ordinary Share. Following this transaction, the beneficial shareholding of Mr. Adam is 27,688,019 Ordinary Shares1 in the Company, representing 23.3% of the issued share capital.
1Includes the direct and indirect holdings of Mr. Adam and Anne Adam
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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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 |
Purchase 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 |
22 May 2025 |
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f) |
Place of the transaction |
London Stock Exchange
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