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Springfield Properties plc announced that Chairman Sandy Adam and persons closely associated with him sold a total of 2,267,899 ordinary shares on 11 November and 12 November 2025. Following these transactions, Mr. Adam now holds 25,440,120 ordinary shares, representing 21.4% of the company's issued share capital.
| Date | 13 Nov 2025 |
| Time | 07:00:13 |
| Category | Director/PDMR dealings |
| ID | 3229H |
13 November 2025
Springfield Properties plc
("Springfield", the "Company" or the "Group")
Director / PDMR Shareholding
Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, has been informed that, in order to provide liquidity to satisfy institutional demand, Sandy Adam, Chairman, together with persons closely associated with him, sold 2,267,899 ordinary shares of 0.125 pence each ("Ordinary Shares") in the capital of the Company on 11 November 2025 and 12 November 2025. Following these transactions, Mr Adam now holds 25,440,120 Ordinary Shares1 in the Company, representing 21.4% of its issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Enquiries
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Springfield Properties |
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Sandy Adam, Chairman Innes Smith, Chief Executive Officer Iain Logan, Chief Financial Officer |
+44 134 355 2550 |
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Cavendish Capital Markets Limited |
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Neil McDonald Peter Lynch |
+44 131 220 9771 +44 131 220 9772 |
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Gracechurch Group |
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Harry Chathli Claire Norbury |
+44 20 4582 3500 |
1 Includes the direct and indirect holdings of Mr Adam and Anne Adam.
Analyst Research
Equity Development produces 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
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Sandy Adam
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chairman
|
|
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 in the capital of the Company |
|
b) |
Identification code |
GB00BF1QPG26 |
|
c) |
Nature of the transaction |
Sale of Ordinary Shares |
|
d) |
Price(s) and volume(s) |
1. Price: £1.15 / Volume - 500,000 2. Price £1.19 / Volume - 127,899 3. Price £1.175 / Volume - 140,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
Volume: 767,899 Price: £1.161 |
|
e) |
Date of the transaction |
1. 11 November 2025 2. 12 November 2025 3. 12 November 2025 |
|
f) |
Place of the transaction |
London Stock Exchange, AIM |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
1. Anne Adam 2. Adam Settlement Trust |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
1. PCA of Sandy Adam, Chairman 2. PCA of Sandy Adam, Chairman |
|
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 in the capital of the Company |
|
b) |
Identification code |
GB00BF1QPG26 |
|
c) |
Nature of the transaction |
Sale of Ordinary Shares |
|
d) |
Price(s) and volume(s) |
1. Price £1.15 / Volume - 500,000 2. Price £1.15 / Volume - 1,000,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
Volume: 1,500,000 Price: £1.15 |
|
e) |
Date of the transaction |
11 November 2025 |
|
f) |
Place of the transaction |
London Stock Exchange, AIM |