TIDMSPR

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 38,013,019(1) 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 47,133(2) 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:

 
 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                     Initial Notification 
  /Amendment 
                                         ------------------------------------------ 
 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                       Ordinary shares of 0.125 pence each 
  financial instrument, 
  type of instrument 
 
 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                     Initial Notification 
  /Amendment 
                                         ------------------------------------------ 
 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                       Ordinary shares of 0.125 pence each 
  financial instrument, 
  type of instrument 
 
 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 
                                         ------------------------------------------ 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                             Roger James Eddie 
     -------------------------------  --------------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------------------ 
 a)   Position/status                  Non-Executive Director 
     -------------------------------  --------------------------------------------- 
 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        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 
     -------------------------------  --------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                              Isabell Davies Eddie 
     --------------------------------  --------------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------------------- 
 a)   Position/status                   PCA of Roger James Eddie 
     --------------------------------  --------------------------------------------- 
 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         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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END

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February 24, 2023 12:03 ET (17:03 GMT)

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