Source - LSE Regulatory
RNS Number : 8862C
Savills PLC
23 June 2021
 

SAVILLS PLC (THE 'COMPANY')

NOTIFICATION OF INTERESTS OF PDMR

 

Grant of Share Award

 

The Company announces that on 22 June 2021 the grant of an award has been made under the Savills Deferred Share Plan to a person discharging managerial responsibilities ('PDMR') as follows:-

 

PDMR

Number of shares subject to the Savills Deferred Share Plan awarded to the PDMR on
22 June 2021

Resulting beneficial interest under the Savills Deferred Share Bonus Plan and Savills Deferred Share Plan

Christian Mancini

89,525

112,690

25% of the above award has a Deferred Period of three years
37.5% of the above award has a Deferred Period of four years
37.5% of the above award has a Deferred Period of five years

The vesting of tranches with Deferred Periods of four and five years is subject to the satisfaction of performance criteria relating to the financial performance of Savills Asia Pacific ex-Greater China during 2021 to 2023.

All tranches of the award are 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 PDMR

 

(a)

Name

Christian Mancini

 

2.

Reason for the notification

 

(a)

Position/ status

Chief Executive Officer - Asia Pacific (ex-Greater China)

 

(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 an award over Ordinary Shares in accordance with the Company's Deferred Share Plan

 

(d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

£nil per share

 

89,690

(e)

Aggregated information

 

-      Aggregated volume

-      Price

 

N/A

 

 

(f)

Date of the transaction

 

22 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

 

23 June 2021

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END
 
 
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