Business
Block listing application
Block listing application.
About this update from Springfield Properties Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9226F\n Springfield Properties PLC\n 19 November 2020\n \n \n \n \n 19 November 2020\n \n \n \n \n \n Springfield Properties plc\n \n \n (\"Springfield\" or the \"Group\")\n \n \n \n \n \n Block listing application\n \n \n \n \n \n Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland offering private and affordable housing, announces that an application has been made to the London Stock Exchange for a block listing of 5,726,808 new ordinary shares of 0.125p each in the Company (\"Ordinary Shares\") to be admitted to trading on AIM. \n \n \n The Ordinary Shares will be issued from time to time pursuant to the exercise of share options under the following employee share option schemes:\n \n \n \n \n \n · \n The Springfield Properties plc SAYE Option Plan (2,378,644 Ordinary Shares);\n \n \n · \n The Springfield Properties plc Company Share Option Plan (1,218,429 Ordinary Shares); and\n \n \n · \n The Springfield Properties plc Employee Share Option Plan (2,129,735 Ordinary Shares).\n \n \n \n \n \n When issued, the Ordinary Shares under the block listing will rank pari passu with the Company's existing issued Ordinary Shares. It is expected that admission will be effective on 25 November 2020.\n \n \n \n \n \n \n \n \n \n \n \n Enquiries\n \n \n \n \n \n Springfield Properties\n \n \n \n \n \n \n \n \n \n \n \n \n \n Sandy Adam, Executive Chairman\n \n \n Innes Smith, Chief Executive Officer\n \n \n \n \n +44 1343 552550\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n N+1 Singer\n \n \n \n \n \n \n \n \n \n \n \n \n \n Shaun Dobson, James Moat (Corporate Finance)\n \n \n Rachel Hayes (Corporate Broking)\n \n \n \n \n +44 \n \n 20 7496 3000\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Luther Pendragon\n \n \n \n \n \n \n \n \n \n \n \n \n \n Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan\n \n \n \n \n +44 20 7618 9100\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further inf...