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Springfield Properties Plc
Block Listing Application
Business
Feb 4 2025
4 min read

Block Listing Application

4 February 2025

 

Springfield Properties plc

("Springfield", the "Company" or the "Group")

 

Block Listing Application

 

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, provides notification that an application has been made to the London Stock Exchange for admission to trading on AIM for a block admission of 207,525 new ordinary shares of 0.125 pence each in the Company ("Ordinary Shares"). These new Ordinary Shares will be issued from time to time pursuant to the exercise of share options under the Company's Performance Share Plan.

 

On exercise, the Ordinary Shares will be issued credited as fully paid and will rank pari passu with the existing Ordinary Shares in issue.

 

It is expected that admission of the new Ordinary Shares will become effective at 8.00 a.m. on 5 February 2025 ("Admission"). Following Admission, the Company's issued share capital remains unchanged at 118,873,637 Ordinary Shares.

 

 

Enquiries

 

Springfield Properties


Sandy Adam, Chairman

Innes Smith, Chief Executive Officer

Iain Logan, Chief Financial Officer

+44 1343 552550



Singer Capital Markets


Shaun Dobson, James Moat, Oliver Platts (Investment Banking)

+44 20 7496 3000



Gracechurch Group


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