Company Announcements

Director Shareholdings

Source: RNS
RNS Number : 0468R
Springfield Properties PLC
24 February 2023
 

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).

Includes the holdings of Roger James Eddie's wife, Isabell Davies Eddie.

 

 

Enquiries:

 

Springfield Properties


Sandy Adam, Chairman

Innes Smith, Chief Executive 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

+44 20 4582 3500

 

 



 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Details of the person discharging managerial responsibilities / person closely associated

 

Name

 

 

AW Adam Liferent Trust

Reason for the notification

 

Position/status

 

 

PCA of Sandy Adam, Chairman

Initial notification /Amendment

 

 

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

Name

 

 

Springfield Properties plc

LEI

 

 

21380026UDE3LKFSDP68

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

 

 

Description of the financial instrument, type of instrument

Ordinary shares of 0.125 pence each



Identification code

GB00BF1QPG26



Nature of the transaction

 

 

Transfer of Ordinary Shares

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

672,584







Aggregated information




- Aggregated volume

N/A



- Price




Date of the transaction

 

 

23 February 2023

Place of the transaction

 

 

Off market

 

 

Details of the person discharging managerial responsibilities / person closely associated

 

Name

 

 

Sandy Adam

Reason for the notification

 

Position/status

 

 

Chairman

Initial notification /Amendment

 

 

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

Name

 

 

Springfield Properties plc

LEI

 

 

21380026UDE3LKFSDP68

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

 

 

Description of the financial instrument, type of instrument

Ordinary shares of 0.125 pence each



Identification code

GB00BF1QPG26



Nature of the transaction

 

 

Receipt of Ordinary Shares

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

672,584







Aggregated information




- Aggregated volume

N/A



- Price




Date of the transaction

 

 

23 February 2023

Place of the transaction

 

 

Off market

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Roger James Eddie

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Springfield Properties plc

b)

 

LEI

 

 

21380026UDE3LKFSDP68

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



Identification code

GB00BF1QPG26



b)

 

Nature of the transaction

 

 

Sale and repurchase of Ordinary Shares to effect an ISA transfer

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




80 pence

22,170 (sale)




80 pence

22,152 (repurchase)







d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

 

Date of the transaction

 

 

23 February 2023 (sale)

23 February 2023 (repurchase)

 

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Isabell Davies Eddie

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA of Roger James Eddie

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Springfield Properties plc

b)

 

LEI

 

 

21380026UDE3LKFSDP68

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



Identification code

GB00BF1QPG26



b)

 

Nature of the transaction

 

 

Sale and repurchase of Ordinary Shares to effect an ISA transfer

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




80 pence

24,877 sale




80 pence

24,858 repurchase

 







d)

 

Aggregated information




- Aggregated volume

N/A



- Price




e)

 

Date of the transaction

 

 

23 February 2023 (sale)

23 February 2023 (repurchase)

f)

 

Place of the transaction

 

London Stock Exchange

 

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