Springfield Properties PLC

Declaration of Voting Results & Voting Rights Announcements • Dec 20, 2021

National Storage Mechanism | Additional information

RNS Number : 1943W

Springfield Properties PLC

20 December 2021

20 December 2021

Springfield Properties plc

("Springfield" or the "Company")

Result of General Meeting

The Board of Springfield (AIM: SPR), a leading housebuilder in Scotland delivering private and affordable housing, is pleased to announce that at the General Meeting held earlier today, for Shareholders to approve the issue of the Placing Shares, all Resolutions were duly passed.

Accordingly, the Company has raised gross proceeds of £22.0 million further to the announcement made in connection with the Placing on 1 December 2021 (the "Launch Announcement").

Application has been made for the Placing Shares to be admitted to trading on AIM and it is expected that Admission will become effective and that dealings in the Placing Shares will commence at 8.00 a.m. on 21 December 2021.

Immediately following Admission, the Company's issued share capital will consist of 118,270,326 Ordinary Shares. No shares are held in treasury and therefore there will be 118,270,326 total voting rights in the Company. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms used in this announcement have the meanings given to them in the Launch Announcement, unless the context provides otherwise.

Enquiries

Springfield Properties
Sandy Adam, Chairman Innes Smith, Chief Executive Officer	+44 1343 552550
Singer Capital Markets
Shaun Dobson, Rachel Hayes, James Moat (Investment Banking)	+44 20 7496 3000
Luther Pendragon
Harry Chathli, Claire Norbury	+44 20 7618 9100

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