RNS Number : 3493T
Savills PLC
19 March 2019
 

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

 

Vesting of Share Awards

 

Awards made on 14 March 2016 over ordinary shares of the Company under the Company's Deferred Share Plans have now become unconditional following the end of their Deferred Period.  In satisfaction of the Awards, on 18 March 2019 shares have been transferred 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

Simon Hope (PDMR)

7,780

7,780

182,720

0.13

14,138

Chris Lee (PDMR)

17,895

17,895

105,016

0.07

24,365

Christian Mancini (PDMR)

15,561

0

119,785

0.08

16,463

Mark Ridley (Director)

71,583

33,712

178,768

0.13

94,446

Simon Shaw (Director)

66,136

66,136

155,864

0.11

99,358

Mitch Steir (PDMR)

15,625

15,625

52,500

0.04

17,398

 

 

The share price on disposal of all shares was £9.167861 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 person discharging managerial responsibilities/ person closely associated

 

(a)

Name

1.    Simon Hope

2.    Chris Lee

3.    Christian Mancini

4.    Mark Ridley

5.    Simon Shaw

6.    Mitch Steir

 

2.

Reason for the notification

 

(a)

Position/ status

1.    Global Head of Capital Markets/ PDMR

2.    Group Legal Director and Company Secretary/ PDMR

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

4.    Group Chief Executive/ Director

5.    Group Chief Financial Officer/ Director

6.    Chairman and CEO - Savills Studley/ 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.    7,780

2.    17,895

3.    17,561

4.    71,583

5.    66,136

6.    15,625

Disposal

£9.167861 per share

1.    7,780

2.    17,895

3.    Nil

4.    33,712

5.    66,136

6.    15,625

 

(e)

Aggregated information

 

-      Aggregated volume

-      Price

 

N/A

 

 

(f)

Date of the transaction

 

18 March 2019

(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

 

19 March 2019   


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