Last checked at 21 Jan 2021 14:54
21 January 2021
Springfield Properties plc
("Springfield" or the "Company")
Director/PDMR Shareholding
Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland offering private and affordable housing, announces the transfer of ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") between the following trusts of which Sandy Adam, Chairman of the Company, is a beneficiary:
· 672,584 Ordinary Shares transferred from The Adam Settlement to Moray Land Farming Partnership
· 672,584 Ordinary Shares transferred from Moray Land Farming Partnership to AW Adam Liferent Trust
Following these transfers, Mr. Adam continues to have an interest in 40,990,1201 Ordinary Shares, representing 41.6 per cent. 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).
Enquiries:
Springfield Properties |
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Sandy Adam, Chairman Innes Smith, Chief Executive Officer | +44 1343 552550 |
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N+1 Singer |
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Shaun Dobson, James Moat (Corporate Finance) Rachel Hayes (Corporate Broking) | +44 20 7496 3000 |
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Luther Pendragon |
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Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan | +44 20 7618 9100 |
The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | The Adam Settlement | ||||
2 | Reason for the notification | |||||
a) | Position/status | PCA of Sandy Adam, Chairman | ||||
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 | Transfer of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price
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N/A | ||||
e) | Date of the transaction | 12 January 2021 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Moray Land Farming Partnership | ||||
2 | Reason for the notification | |||||
a) | Position/status | PCA of Sandy Adam, Chairman | ||||
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 | 1. Receipt of Ordinary Shares 2. Transfer of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price
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In respect of 1 and 2 of 4(c): N/A | ||||
e) | Date of the transaction | 1. 12 January 2021 2. 12 January 2021 3. | ||||
f) | Place of the transaction | 1. Off market 2. Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | AW Adam Liferent Trust | ||||
2 | Reason for the notification | |||||
a) | Position/status | PCA of Sandy Adam, Chairman | ||||
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 | Receipt of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price
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N/A | ||||
e) | Date of the transaction | 12 January 2021 | ||||
f) | Place of the transaction | Off market | ||||