TIDMSPR

RNS Number : 2272K

Springfield Properties PLC

19 December 2022

19 December 2022

Springfield Properties plc

("Springfield" or the "Company")

Director Share Purchases

Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces the purchase of ordinary shares of 0.125 pence each ("Ordinary Shares") in the capital of the Company by directors of the Company and their PCAs as follows:

 
 Director                No. of Ordinary     Average         No. of Ordinary   Percentage 
                          Shares purchased    price paid      Shares held       of issued 
                                              per Ordinary    after purchase    share capital 
                                              Share                             held 
 Sandy Adam, Chairman    222,899             77.75 pence     38,013,019(1)     32.1(1) 
                        ------------------  --------------  ----------------  --------------- 
 Innes Smith, CEO        25,831              77.38 pence     949,485(2)        0.8(2) 
                        ------------------  --------------  ----------------  --------------- 
 

(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 Innes Smith's wife, Eilidh Smith.

Further to this, the Company has been notified by Innes Smith that he has purchased, and placed an order to sell, a further 25,836 Ordinary Shares in order to affect an ISA transfer. The sale of these shares is expected to complete in the coming days.

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 
  1     / person closely associated 
 a)    Name                                   Sandy Adam 
      -------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                        Chairman 
      -------------------------------------  ------------------------------------------ 
 b)    Initial notification                   Initial Notification 
        /Amendment 
      -------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                                   SPRINGFIELD PROPERTIES PLC 
      -------------------------------------  ------------------------------------------ 
 b)    LEI                                    21380026UDE3LKFSDP68 
      -------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                     Ordinary shares of 0.125 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BF1QPG26 
 
 b)    Nature of the transaction              Purchase of Ordinary Shares 
      -------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              ---------------------  ---------------- 
                                               Price(s)               Volume(s) 
                                              ---------------------  ---------------- 
    77.75 pence                                                       127,899 
   ----------------------------------------------------------------  ---------------- 
    77.75 pence                                                       95,000 
   ----------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    222,899 
 
  - Price                                77.75 pence 
 
 e)    Date of the transaction                14 December 2022 
      -------------------------------------  ------------------------------------------ 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  ------------------------------------------ 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                   Innes Smith 
      -------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                        Chief Executive Officer 
      -------------------------------------  ------------------------------------------ 
 b)    Initial notification                   Initial Notification 
        /Amendment 
      -------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                                   SPRINGFIELD PROPERTIES PLC 
      -------------------------------------  ------------------------------------------ 
 b)    LEI                                    21380026UDE3LKFSDP68 
      -------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                     Ordinary shares of 0.125 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BF1QPG26 
 
 b)    Nature of the transaction              Purchase of Ordinary Shares 
      -------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              ---------------------  ---------------- 
                                               Price(s)               Volume(s) 
                                              ---------------------  ---------------- 
    77.36 pence                                                       25,836 
   ----------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    N/A 
 
  - Price 
 
 e)    Date of the transaction                16 December 2022 
      -------------------------------------  ------------------------------------------ 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  ------------------------------------------ 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                   Eilidh Smith 
      -------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------- 
 a)    Position/status                        PCA of Innes Smith, Chief Executive 
                                               Officer 
      -------------------------------------  ------------------------------------------ 
 b)    Initial notification                   Initial Notification 
        /Amendment 
      -------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                                   SPRINGFIELD PROPERTIES PLC 
      -------------------------------------  ------------------------------------------ 
 b)    LEI                                    21380026UDE3LKFSDP68 
      -------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                     Ordinary shares of 0.125 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BF1QPG26 
 
 b)    Nature of the transaction              Purchase of Ordinary Shares 
      -------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              ---------------------  ---------------- 
                                               Price(s)               Volume(s) 
                                              ---------------------  ---------------- 
    77.38 pence                                                       25,831 
   ----------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    N/A 
 
  - Price 
 
 e)    Date of the transaction                16 December 2022 
      -------------------------------------  ------------------------------------------ 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  ------------------------------------------ 
 

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END

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December 19, 2022 12:14 ET (17:14 GMT)

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