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Pin to quick picksSpringfield Pr. Regulatory News (SPR)

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Director/PDMR Shareholding

25 Feb 2020 15:54

RNS Number : 1019E
Springfield Properties PLC
25 February 2020
 

25 February 2020

 

Springfield Properties plc

("Springfield" or the "Company")

 

Director/PDMR Shareholding

 

Springfield Properties plc (AIM:SPR), a leading housebuilder in Scotland delivering private and affordable housing, announces that Mr Innes Smith, Chief Executive Officer of the Company, sold 250,000 ordinary shares of 0.125 pence each in the capital of the Company ("Ordinary Shares") at a price of 145 pence per Ordinary Share on 25 February 2020. Mr Smith intends to use the proceeds of the transaction for the purchase of a family home. Following this transaction, Mr Smith holds 952,4281 Ordinary Shares, representing approximately 0.97% of the issued share capital of the Company.

 

1 Includes the holdings of Innes Smith's wife, Eilidh Smith.

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

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Innes Smith

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

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 of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

145 pence

250,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

n/a

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

 

25 February 2020

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

Enquiries

 

Springfield Properties

 

Sandy Adam, Executive Chairman

Innes Smith, Chief Executive Officer

+44 1343 552550

 

 

N+1 Singer

 

Shaun Dobson, James Moat (Corporate Finance)

Rachel Hayes (Corporate Broking)

+44 20 7496 3000

 

 

Luther Pendragon

 

Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan

+44 20 7618 9100

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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