SAVILLS PLC (THE "COMPANY")
The Company announces that on 31 May 2016, 1,947,692 Savills plc ordinary shares of 2.5p each were issued to satisfy the second instalment of the share consideration due to former Studley, Inc. stockholders in relation to the acquisition of Studley, Inc., by Savills America Limited, which completed on 30 May 2014.
Shares were issued to persons discharging managerial responsibilities ("PDMRs") as follows:-
PDMR |
Number of shares issued to the PDMR on 31 May 2016 |
Number of shares sold by the PDMR on 31 May to 1 June 2016 at 774.3377p per share |
Shareholding following this notification |
Michael Colacino |
176,829 |
176,829 |
nil |
Mitchell Steir |
210,368 |
210,368 |
nil |
Following the share issue, the Company's issued and allotted share capital is 139,809,403 ordinary shares of 2.5p each nominal value.
7 June 2016