24 February 2023
Springfield Properties plc
("Springfield" or the "Company")
Director Shareholdings
Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces the following transactions in ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") undertaken by directors of the Company and their PCAs.
A total of 672,584 Ordinary Shares were transferred, yesterday, from the AW Adam Liferent Trust, a trust of Sandy Adam, Chairman of the Company, to Mr. Adam. Following this transfer, Mr. Adam continues to have an interest in 38,013,0191 Ordinary Shares, representing 32.1% of the Company's issued share capital.
Roger James Eddie, Non-Executive Director of the Company and his PCAs, yesterday sold 47,047 Ordinary Shares at a price of 80 pence per Ordinary Share. Roger and his PCAs yesterday repurchased 47,010 Ordinary Shares at a price of 80 pence per Ordinary Share, in order to affect an ISA transfer. Following these transactions, Roger James Eddie continues to have an interest in 47,1332 Ordinary Shares, representing 0.04% of the Company's issued share capital.
1 Includes the holdings of Anne Adam, The Adam Settlement (of which Sandy Adam's sons are beneficiaries) and AW Adam Liferent Trust (of which Sandy Adam is a beneficiary).
2 Includes the holdings of Roger James Eddie's wife, Isabell Davies Eddie.
Enquiries:
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Springfield Properties |
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Sandy Adam, Chairman Innes Smith, Chief Executive Officer |
+44 1343 552550 |
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Singer Capital Markets |
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Shaun Dobson, James Moat, Oliver Platts (Investment Banking) |
+44 20 7496 3000 |
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Gracechurch Group |
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Harry Chathli, Claire Norbury |
+44 20 4582 3500 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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Details of the person discharging managerial responsibilities / person closely associated |
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Name |
AW Adam Liferent Trust |
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Reason for the notification |
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Position/status |
PCA of Sandy Adam, Chairman |
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Initial notification /Amendment |
Initial Notification |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Name |
Springfield Properties plc |
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LEI |
21380026UDE3LKFSDP68 |
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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 |
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Description of the financial instrument, type of instrument |
Ordinary shares of 0.125 pence each |
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Identification code |
GB00BF1QPG26 |
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Nature of the transaction |
Transfer of Ordinary Shares |
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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N/A |
672,584 |
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Aggregated information |
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- Aggregated volume |
N/A |
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- Price |
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Date of the transaction |
23 February 2023 |
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Place of the transaction |
Off market |
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Details of the person discharging managerial responsibilities / person closely associated |
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Name |
Sandy Adam |
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Reason for the notification |
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Position/status |
Chairman |
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Initial notification /Amendment |
Initial Notification |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Name |
Springfield Properties plc |
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LEI |
21380026UDE3LKFSDP68 |
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|
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 |
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Description of the financial instrument, type of instrument |
Ordinary shares of 0.125 pence each |
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Identification code |
GB00BF1QPG26 |
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Nature of the transaction |
Receipt of Ordinary Shares |
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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N/A |
672,584 |
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Aggregated information |
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|
- Aggregated volume |
N/A |
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|
- Price |
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Date of the transaction |
23 February 2023 |
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Place of the transaction |
Off market |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Roger James Eddie |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification /Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Springfield Properties plc |
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b) |
LEI |
21380026UDE3LKFSDP68 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 0.125 pence each |
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Identification code |
GB00BF1QPG26 |
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b) |
Nature of the transaction |
Sale and repurchase of Ordinary Shares to effect an ISA transfer |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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80 pence |
22,170 (sale) |
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80 pence |
22,152 (repurchase) |
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d) |
Aggregated information |
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- Aggregated volume |
N/A |
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- Price |
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e) |
Date of the transaction |
23 February 2023 (sale) 23 February 2023 (repurchase) |
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f) |
Place of the transaction |
London Stock Exchange |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Isabell Davies Eddie |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA of Roger James Eddie |
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b) |
Initial notification /Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Springfield Properties plc |
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b) |
LEI |
21380026UDE3LKFSDP68 |
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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 |
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Identification code |
GB00BF1QPG26 |
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b) |
Nature of the transaction |
Sale and repurchase of Ordinary Shares to effect an ISA transfer |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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80 pence |
24,877 sale |
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80 pence |
24,858 repurchase |
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d) |
Aggregated information |
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- Aggregated volume |
N/A |
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- Price |
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e) |
Date of the transaction |
23 February 2023 (sale) 23 February 2023 (repurchase) |
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f) |
Place of the transaction |
London Stock Exchange |
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