Director/PDMR Shareholding

RNS Number : 3959C

Savills PLC

18 June 2021

 

SAVILLS PLC (THE 'COMPANY')

NOTIFICATION OF INTERESTS OF DIRECTORS/ PDMRS

Grant of Share Awards

The Company announces that on 17 June 2021 the grant of the share based element of 2020 profit share awards has been made under the Savills Deferred Share Bonus Plan to Directors and other persons discharging managerial responsibilities ('PDMR') as follows:-

Director/ PDMR	Number of shares subject to the Savills Deferred Share Bonus Plan awarded to the Director/ PDMR on 17 June 2021	Resulting beneficial interest under the Savills Deferred Share Bonus Plan and Savills Deferred Share Plan
Mark Ridley (Director)	23,926	149,045
Simon Shaw (Director)	17,747	140,750
Simon Hope (PDMR)	2,129	13,230
Alex Jeffrey (PDMR)	22,033	158,272
Chris Lee (PDMR)	11,073	37,045
Raymond Lee (PDMR)	33,983	33,983
Christian Mancini (PDMR)	5,251	23,165
Mitchell Rudin (PDMR)	8,239	78,366
James Sparrow (PDMR)	19,410	84,245

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 Alex Jeffrey (CEO, Savills Investment Management) includes an award over 136,239 shares made on 31 October 2019 under the Savills Deferred Share Plan whereby 28% of the award vests subject to continued employment in October 2022, with 72% vesting subject to the satisfaction of performance criteria relating to the financial performance of Savills Investment Management over the years 2020 to 2022.

The Company announces that on 17 June 2021 the grant of a share award under The Schedule to The Savills Deferred Share Plan to a PDMR based in the United States of America as follows:-

PDMR	Number of shares subject to the Savills Deferred Share Plan awarded to the PDMR on 17 June 2021	Resulting beneficial interest under the Savills Deferred Share Plan
David Lipson (PDMR)	21,374	56,326

20% of the above award will vest on 18 April 2022, being the anniversary of the programme's original inception, and then 20% on each of the subsequent four anniversaries of that date subject to continued employment and satisfaction of performance criteria relating to gross billings.  The award is subject to rolled-up dividend shares whereby the number of shares awarded will be increased on the vesting dates to reflect final and interim dividends declared during the Deferred Periods.

The information set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation No 596/2014.

1.	Details of the Director/ PDMR
(a)	Name	1.  Mark Ridley 2.  Simon Shaw 3.  Simon Hope 4.  Alex Jeffrey 5.  Chris Lee 6.  Raymond Lee 7.  Christian Mancini 8.  Mitchell Rudin 9.  James Sparrow 10.  David Lipson
2.	Reason for the notification
(a)	Position/ status	1.  Group Chief Executive/ Director 2.  Group Chief Financial Officer/ Director 3.  Global Head of Capital Markets/ PDMR 4.  Chief Executive Officer - Savills Investment Management/ PDMR 5.  Group Legal Director and Company Secretary/ PDMR 6.  Chief Executive - Hong Kong, Macau and Greater China/ PDMR 7.  Chief Executive Officer - Asia Pacific (ex-Greater China)/ PDMR 8.  Chairman and CEO - Savills North America/ PDMR 9.  Chief Executive Officer UK & EMEA/ PDMR 10.  President - Savills North America/ PDMR
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Savills plc
(b)	LEI	213800WXICGMBWHTA933
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the Financial Instrument	Awards over Savills plc Ordinary Shares of 2.5p each
(b)	Identification code of the Financial Instrument	GB00B135BJ46
(c)	Nature of the transaction	Grant of awards over Ordinary Shares in accordance with the Company's Deferred Share Bonus Plan and Deferred Share Plan
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£nil per share	1.  23,926 2.  17,747 3.  2,129 4.  22,033 5.  11,073 6.  33,983 7.  5,251 8.  8,239 9.  19,410 10.  21,374
(e)	Aggregated information -  Aggregated volume -  Price	N/A
(f)	Date of the transaction	17 June 2021
(g)	Place of the transaction	Outside a trading venue

Name of contact and telephone number for queries:

Chris Lee

Group Legal Director & Company Secretary

020 3107 5444

18 June 2021

 

END

 

 

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