Business
Exercise of Options, Issue of Equity and TVR
Exercise of Options, Issue of Equity and TVR.
About this update from Springfield Properties Plc
[{"type":"text","content":"\n\n20 March 2024\n \nSpringfield Properties plc\n(\"Springfield\" or the \"Company\")\n \nExercise of Options, Issue of Equity and Total Voting Rights\n \nSpringfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces that, on 15 March 2024, an employee of the Company exercised options over 13,748 ordinary shares of 0.125 pence each in the Company (\"Ordinary Shares\").\n \nTotal Voting Rights\nApplication has been made to the London Stock Exchange for the 13,748 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 26 March 2024. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company. \nFollowing Admission, the total number of Ordinary Shares in issue will be 118,669,124. 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 FCA's Disclosure and Transparency Rules.\nEnquiries\n \n\n\n\n\nSpringfield Properties\n\n\n\n\n\n\n\nSandy Adam, Chairman\nInnes Smith, Chief Executive Officer\nIain Logan, Chief Financial 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, Henry Gamble\n\n\n+44 20 4582 3500\n\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\n","length":5028,"tagName":"div"}]