Director deals: Springfield Properties chairman buying back shares

In the first week in June, Springfield Properties (LON: SPR) chairman Sandy Adam bought 200,000 shares at 94.5p each in the housebuilder. That followed a purchase of 25,000 shares at 95p each late in May. He owns 23.3% of the company.
Last summer, Sandy Adam transferred 10 million shares to his children, and he also sold 225,000 shares at an average price of 93.55p each.
Business
Springfield Properties is a housebuilder that is focused on Scotland. It has local knowledge and connections. Even after aa recent land disposal there are still around 8,000 plots in the landbank. The core business is...

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