Director/PDMR Shareholding

RNS Number : 4000L

Savills PLC

27 April 2015

SAVILLS PLC (THE "COMPANY")

NOTIFICATION OF INTERESTS OF DIRECTORS/ PDMRs

Grant of Share Awards

The Company announces that on 24 April 2015 the grant of the share based element of 2014 profit share awards has been made under Savills Deferred Share Bonus Plan and the Savills Deferred Share Plan (the "Deferred Share Plans") to Directors and other persons discharging managerial responsibilities ("PDMRs") as follows:-

Director/ PDMR	Number of shares subject to the Deferred Share Plans awarded to the Director / PDMR on 24 April 2015	Resulting beneficial interest under the Deferred Share Plans
Jeremy Helsby (Director)	73,170	198,765
Simon Hope (PDMR)	29,268	73,992
Chris Lee (PDMR)	24,999	55,233
Robert McKellar (PDMR)	32,268	142,450
Justin O'Connor (PDMR)	3,048	6,876
Mark Ridley (PDMR)	51,828	139,910
Simon Shaw (Director)	56,097	148,716

The above awards have a Deferred Period of three years. Awards are subject to rolled-up dividend shares whereby the number of shares awarded will be increased on the vesting date to reflect final and interim dividends declared during the Deferred Period.

The Company announces that on 24 April 2015 awards have been made under The Savills plc Performance Share Plan (the "Performance Share Plan") to Directors/ PDMRs as follows:-

Director/ PDMR	Number of shares subject to the Performance Share Plan awarded to the Director / PDMR on 24 April 2015	Resulting beneficial interest under the Performance Share Plan
Jeremy Helsby (Director)	67,073	142,073
Simon Hope (PDMR)	30,487	72,153
Chris Lee (PDMR)	15,243	36,076
Mark Ridley (PDMR)	30,487	72,153
Simon Shaw (Director)	42,682	84,348

The Performance Share Plan provides for the award of nil cost options or conditional awards of ordinary shares in the Company and may also include an award of Company Share Option Plan ("CSOP") options (approved by HM Revenue and Customs).

Awards vest subject to the satisfaction of the following performance criteria measured over the three years following grant:

(a) 50% of the initial value of an award is subject to the Company's Total Shareholder Return ('TSR') performance measured against the TSR of the FTSE Mid 250 Index (excluding investment trusts);

(b) the other 50% of the initial value of an award is subject to real (i.e. growth in excess of RPI) Group Earnings per Share ('EPS') growth performance.

Awards vest as follows:

(a) for the TSR linked part of an award, 25% (i.e. threshold) will vest if the Company's TSR matches Index performance, rising to 100% (i.e. maximum) if the Company's TSR outperforms the Index by 8% p.a., compound with sliding scale vesting between the two points; and

(b) for the EPS growth linked part of an award, 25% (i.e. threshold) will vest if the Company's real EPS growth (i.e. growth in excess of RPI) is 3% p.a., compound rising to 100% (i.e. maximum) if the Company's real (i.e. growth in excess of RPI) EPS growth is 10% p.a., compound with sliding scale vesting between the two points

Vesting of Share Awards

Awards made on 19 April 2012 over ordinary shares of the Company under the Deferred Share Plans have now become unconditional following the end of their Deferred Period and Awards made on 17 April 2012 over ordinary shares of the Company under the Performance Share Plan have now become unconditional following the satisfaction of performance conditions attaching to them.

In satisfaction of the Awards, on 23 April 2015 shares have been transferred/ allotted to Directors and PDMRs of the Company as follows:-

Director/ PDMR	Deferred Share Plans		The Performance Share Plan		Shareholding following this notification	Shareholding as a % of issued share capital
Director/ PDMR	Number of Shares Transferred	Number of Shares Disposed	Number of Shares Allotted	Number of Shares Disposed	Shareholding following this notification	Shareholding as a % of issued share capital
Jeremy Helsby (Director)	51,531	51,531	139,655	139,655	604,849	0.45
Simon Hope (PDMR)	18,333	18,333	77,587	77,587	149,843	0.11
Chris Lee (PDMR)	19,861	9,358	38,789	13,980	82,688	0.06
Raymond Lee (PDMR)	n/a	n/a	77,583	236	144,428	0.11
Robert McKellar (PDMR)	84,173	84,173	77,587	77,587	132,048	0.10
Mark Ridley (PDMR)	42,779	19,912	77,587	36,717	117,354	0.09
Rupert Sebag-Montefiore (PDMR)	58,791	58,791	77,587	77,587	220,768	0.16
Simon Shaw (Director)	35,007	35,007	77,587	77,587	155,486	0.11

The share price on disposal of shares was 822.049p per share.

Options over ordinary shares of Savills plc under The Savills Executive Share Option Scheme (2001) have been exercised as follows:-

Director/ PDMR	Date of Exercise and Disposal	Number of Shares Allotted	Subscription Price per Share	Number of Shares Disposed	Sale Price per Share	Shareholding following this notification	Shareholding as a % of issued share capital
Jeremy Helsby (Director)	23 April 2015	114,386	340.95p	114,386	820.0316p	604,849	0.45