Sign In
Last checked at 
28 May 2019 07:00
28 May 2019
Springfield Properties plc
("Springfield" or the "Company")
PDMR Share Purchase
Springfield Properties plc (AIM:SPR), a leading housebuilder in Scotland offering private and affordable housing, announces that it has been notified that, on 24 May 2019, certain of the Directors of the Company and their PCAs purchased ordinary shares of 0.125 pence each in the capital of the Company ("Ordinary Shares") at a price of 108.625 pence per Ordinary Share. Details of the respective purchases, together with total resultant shareholdings, are as follows:
Director | Number of shares purchased | Resulting total interest in Ordinary Shares | % of total issued share capital |
Sandy Adam*, Executive Chairman | 27,450 | 43,808,322 | 45.5% |
Innes Smith**, Chief Executive Officer | 11,400 | 1,202,428
| 1.2% |
Michelle Motion, Chief Financial Officer | 9,150 | 52,999 | 0.1% |
*Includes 9,150 Ordinary Shares purchased by Sandy Adam's wife, Anne Adam, and includes the holdings of Anne Adam, and The Adam Settlement Trust of which Sandy Adam's sons are beneficiaries.
**Includes 11,400 Ordinary Shares purchased by Innes Smith's wife, Eilidh Smith, and includes the holdings of Eilidh Smith.
Details of the transactions can be found in the Notification of Dealing Forms below.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Sandy Adam
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive 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
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 108.625 pence | 18,300 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | n/a | ||||
|
| ||||
- Price |
| ||||
|
| ||||
e)
| Date of the transaction
| 24 May 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Anne Adam
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PCA of Sandy Adam, Executive 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
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 108.625 pence | 9,150 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | n/a | ||||
|
| ||||
- Price |
| ||||
|
| ||||
e)
| Date of the transaction
| 24 May 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Michelle Motion
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial 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
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 108.625 pence | 9,150 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | n/a | ||||
|
| ||||
- Price |
| ||||
|
| ||||
e)
| Date of the transaction
| 24 May 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Eilidh Smith
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PCA of Innes Smith, 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
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 108.625 pence | 11,400 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | n/a | ||||
|
| ||||
- Price |
| ||||
|
| ||||
e)
| Date of the transaction
| 24 May 2019 | |||
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 | +44 20 7618 9100 |
Follow the stocks
