SAVILLS PLC (THE "COMPANY")
Grant of Share Awards
The Company announces that on 18 April 2017 the grant of the share based element of 2016 profit share awards has been made under the 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 18 April 2017 |
Resulting beneficial interest under the Deferred Share Plans |
Jeremy Helsby (Director) |
64,391 |
294,791 |
Simon Hope (PDMR) |
6,458 |
58,126 |
Chris Lee (PDMR) |
12,486 |
68,333 |
Christian Mancini (PDMR) |
7,588 |
104,288 |
Justin O'Connor (PDMR) |
30,678 |
120,768* |
Mark Ridley (PDMR) |
47,954 |
212,877 |
Simon Shaw (Director) |
46,824 |
214,258 |
The Company announces that on 18 April 2017 the grant of the share based element of 2016 profit share awards has been made under The Schedule to The Savills Deferred Share Bonus Plan to persons discharging managerial responsibilities ("PDMRs") based in the United States of America as follows:-
PDMR |
Number of shares subject to the Savills Deferred Share Bonus Plan awarded to the PDMR on 18 April 2017 |
Resulting beneficial interest under the Savills Deferred Share Bonus Plan |
Michael Colacino |
12,852 |
31,065 |
Mitchell Steir |
10,043 |
24,275 |
All the above awards have a Deferred Period of three years and 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 resulting beneficial interest for Justin O'Connor (CEO, Savills Investment Management) includes an award over 55,575 shares made on 20 June 2016 under the Savills Deferred Share Plan whereby 30% of the award vests subject to continued employment in March 2019, with 70% vesting subject to the satisfaction of performance criteria relating to the financial performance of Savills Investment Management, including the performance of funds managed by Savills Investment Management, over the period to 31 December 2018.
18 April 2017