SAVILLS PLC (THE "COMPANY")
TRANSACTION IN SHARES BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR)
Vesting of Share Award
Tranches of an award made on 19 December 2018 over ordinary shares of the Company under the Company's Deferred Share Plan have become unconditional in all respects following the end of their Deferred Periods. The Company has received notification today that, in satisfaction of the award, the Trustee of the Group's US Employee Benefit Trust ("Trustee") effected the transfer of shares, following the settlement of associated tax liabilities through the sale of shares, to a PDMR of the Company as follows:-
| PDMR | Number of Shares Transferred to PDMR by Trustee | Number of Shares sold by Trustee to settle tax liabilities | PDMR Shareholding following this notification | Shareholding as a % of issued share capital | Beneficial interest under the Deferred Share Plans following this notification
|
| Mitchell Rudin | 25,256 | 24,363 | 59,414 | 0.04 | 70,127
|
The share price on disposal of all shares was £11.868044 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 | Mitchell Rudin
| |
| 2. | Reason for the notification
| ||
| (a) | Position/ status | President, Savills US/ 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 award under the Company's Deferred Share Plan and sale of shares to settle associated tax liabilities
| |
| (d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
| Number of Shares Transferred at nil cost by Trustee to PDMR
| 25,256 | ||
| Number of Shares sold by Trustee to settle tax liabilities £11.868044 per share
| 24,363 | ||
| (e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
| (f) | Date of the transaction
| 10 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
14 June 2021
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