Springfield Properties plc announced the appointment of Mr. Iain Logan to the board of the company subject to the completion of the requisite regulatory due diligence by the company's Nomad. The company will update the market in due course and provide any information that is required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules. Mr. Logan, aged 49, has served as interim CFO of the Company since 13 March 2023 having previously held the positions of Finance Director and Group Financial Controller over the last three years.

In these roles, Mr. Logan was responsible for leading all aspects of financial operations and reporting and for managing the Group's banking relationships. He also played a key role in the Company's acquisition, and integration, of Tulloch Homes in December 2021 and the Scottish housebuilding division of MacTaggart & Mickel in June 2022. Prior to joining Springfield, Mr. Logan was Group Financial Controller of AIM-quoted Omega Diagnostics Group plc, a specialist medical diagnostics company, for nine years.

During this time, his role included being responsible for the external financial reporting of the business and management of finance teams in the UK, Germany and India. Mr. Logan joined Omega Diagnostics after spending eight years with Murray International Holdings Limited where he gained extensive corporate finance experience working on all aspects of acquisitions, disposals and fundraising within its investment company. He also held the Financial Controller role for its residential and property development company.

He is a Chartered Accountant with the Institute of Chartered Accountants of Scotland and began his career at PwC in Edinburgh.