Director/PDMR Shareholding

RNS Number : 9801M

Savills PLC

26 May 2022

 

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

Vesting of Share Awards

On 26 May 2022, ordinary shares of the Company have been allotted to Directors and PDMRs of the Company as follows in satisfaction of the partial vesting of Awards made on 22 May 2017 under the Performance Share Plan:-

Director / PDMR	Number of Shares Transferred	Number of Shares Disposed	Shareholding following this notification	Shareholding as a % of issued share capital	Beneficial interest under the Performance Share Plan following this notification
Mark Ridley (Director)	26,830	26,830	231,854	0.16	242,453
Simon Shaw (Director)	26,830	26,830	182,579	0.13	188,176
Chris Lee (PDMR)	7,985	7,985	119,000	0.08	95,690

The share price on disposal of all shares was £10.952661 per share.

The balance of the Awards made on 22 May 2017 have lapsed.

On 25 May 2022 the grant of an award has been made 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 25 May 2022	Resulting beneficial interest under the Savills Deferred Share Plan
David Lipson	25,847	127,017

20% of the above award will vest on 18 April 2023, 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 shall 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.  Chris Lee 4.  David Lipson
2.	Reason for the notification
(a)	Position/ status	1.  Group Chief Executive/ Director 2.  Group Chief Financial Officer/ Director 3.  Group Legal Director and Company Secretary/ PDMR 4.  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	Savills plc Ordinary Shares of 2.5p each
(b)	Identification code of the Financial Instrument	GB00B135BJ46
(c)	Nature of the transaction	Vesting of awards under the Company's Performance Share Plan and sale of resultant shares for persons 1 - 3
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		Acquisition £0.025 per share	1.  26,830 2.  26,830 3.  7,985
		Disposal £10.952661 per share	1.  26,830 2.  26,830 3.  7,985
(e)	Aggregated information -  Aggregated volume -  Price	N/A
(f)	Date of the transaction	26 May 2022
(g)	Place of the transaction	London Stock Exchange (XLON)
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	Award over Savills plc Ordinary Shares in accordance with the Company's Deferred Share Plan
(b)	Identification code of the Financial instrument	GB00B135BJ46
(c)	Nature of the transaction	Grant of an award over Ordinary Shares in accordance with the Company's Deferred Share Plan in respect of David Lipson
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£nil per share	25,847
(d)	Aggregated information -  Aggregated volume -  Price	N/A
(f)	Date of the transaction	25 May 2022
(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

26 May 2022  

 

END

 

 

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