Director/PDMR Shareholding

RNS Number : 7407B

Savills PLC

20 June 2016

 

SAVILLS PLC (THE "COMPANY")

NOTIFICATION OF INTERESTS OF DIRECTORS/ PDMRs

Grant of Share Awards

The Company announces that on 20 June 2016 awards have been made under The Savills Deferred Share Plan (the "DSP") to Directors and other persons discharging managerial responsibilities ("PDMRs") as follows:- 

Director/ PDMR	Number of shares subject to the DSP awarded to the Director / PDMR on 20 June 2016	Total number of shares subject to the DSP following this notification
Justin O'Connor (PDMR) -     CEO Savills Investment Management	55,575	55,575

The DSP provides for the award of conditional awards of ordinary shares in the Company.  The Deferred Period for the above awards will end on 31 March 2019.  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.

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.

 20 June 2016

 

END

 

 

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