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

Ordinary shares of 0.125 pence each

instrument, type of instrument

Identification code

GB00BF1QPG26

b)

Nature of the transaction

Sale of Ordinary Shares

  1. 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

+44

1343 552550

Innes Smith, Chief Executive Officer

N+1 Singer

Shaun Dobson, James Moat (Corporate Finance)

+44

20 7496 3000

Rachel Hayes (Corporate Broking)

Luther Pendragon

Harry Chathli, Claire Norbury, Alexis Gore, Joe Quinlan

+44

20 7618 9100

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Disclaimer

Springfield Properties plc published this content on 25 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2020 18:46:08 UTC