Business
Director Shareholding, Issue of Equity and TVR
Director Shareholding, Issue of Equity and TVR.
About this update from Springfield Properties Plc
[{"type":"text","content":"\n\n27 July 2023\n \nSpringfield Properties plc\n(\"Springfield\", the \"Company\", the \"Group\" or the \"Springfield Group\")\n \nDirector Shareholding, Issue of Equity and Total Voting Rights\n \nSpringfield Properties (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces that, on 27 July 2023, Innes Smith, Chief Executive Officer, exercised options over 10,648 ordinary shares of 0.125 pence each in the Company (\"Ordinary Shares\") at a price of 0.125 pence per Ordinary Share under the Company's Performance Share Plan.\n \nFollowing this exercise, Mr. Smith holds 996,3741 Ordinary Shares in the Company, representing 0.8% of the enlarged issued share capital.\n \n1 Includes the holdings of Innes Smith's wife, Eilidh Smith, and his children.\n \nTotal Voting Rights\n \nApplication has been made to the London Stock Exchange for the 10,648 Ordinary Shares to be admitted to trading on AIM (\"Admission\") and it is expected that Admission will become effective at 8:00 a.m. on or around 2 August 2023. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company. \n \nFollowing Admission, the total number of Ordinary Shares in issue will be 118,506,643. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules of the Financial Conduct Authority.\n \n \nEnquiries\n \n\n\n\nSpringfield Properties\n\n\n\n\n\n\n\nSandy Adam, Chairman\nInnes Smith, Chief Executive Officer\n\n\n+44 1343 552550\n\n\n\n\n\n\n\n\n\n\n\n\nSinger Capital Markets\n\n\n\n\n\n\n\nShaun Dobson, James Moat, Oliver Platts (Investment Banking)\n\n\n+44 20 7496 3000\n\n\n\n\n\n\n\n\n\n\n\n\nGracechurch Group\n\n\n\n\n\n\n\nHarry Chathli, Claire Norbury\n\n\n+44 20 4582 3500\n\n\n\n \nAnalyst Research\n \nEquity Development and Progressive Equity produce freely available research on Springfield Properties plc, including financial forecasts. This is available to view and download here:\nhttps://www.thespringfieldgroup.co.uk/news/updates-and-analyst-reports\n \n \n \...