Source - LSE Regulatory
RNS Number : 5509B
Savills PLC
10 June 2021
 

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

 

Vesting of Share Awards

 

Awards over ordinary shares of the Company under the Company's Deferred Share Plans have become unconditional in all respects following the end of their Deferred Period.  In satisfaction of the Awards, the Trustees of the Group's Employee Benefit Trust effected the transfer of shares, following the settlement of associated tax liabilities through the sale of shares, to Directors and PDMRS of the Company as follows:-

 

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 Deferred Share Plans following this notification

Mark Ridley (Director)

48,575

48,575

210,321

0.15

125,119

Simon Shaw (Director)

54,888

54,888

182,579

0.13

123,003

Simon Hope (PDMR)

8,024

8,024

190,958

0.13

11,101

Chris Lee (PDMR)

12,411

12,411

112,138

0.08

25,972

Christian Mancini (PDMR)

9,272

0

137,240

0.10

17,914

James Sparrow (PDMR)

4,602

2,168

53,358

0.04

64,835

 

The share price on disposal of all shares was £12.128875 per share.

 

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.    Chris Lee

5.    Christian Mancini

6.    James Sparrow

 

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.    Group Legal Director and Company Secretary/ PDMR

5.    Chief Executive Officer Asia Pacific (ex-Greater China)/ PDMR

6.    CEO, Savills UK & EMEA/ 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 Deferred Share Plans and sale of resultant shares

 

(d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

Acquisition

£nil per share

 

1.    48,575

2.    54,888

3.    8,024

4.    12,411

5.    9,272

6.    4,602

 

Disposal

£12.128875 per share

1.    48,575

2.    54,888

3.    8,024

4.    12,411

5.    0

6.    2,168

 

(e)

Aggregated information

 

-      Aggregated volume

-      Price

 

N/A

 

 

(f)

Date of the transaction

 

8 June 2021

(g)

Place of the transaction

 

London Stock Exchange (XLON)

 

Name of contact and telephone number for queries:

Chris Lee

Group Legal Director & Company Secretary

020 3107 5444

 

10 June 2021      

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHKZGMVKGKGMZM
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Savills PLC (SVS)

+8.00p (+0.76%)
delayed 18:10PM