RNS Number : 7326Y
Savills PLC
10 May 2019
 

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

 

Vesting of Share Awards

 

On 9 May 2019, 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 27 April 2016 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)

7,926

3,733

182,961

0.13

153,653

Simon Shaw (Director)

7,926

7,926

155,864

0.11

141,083

Simon Hope (PDMR)

7,926

3,722

186,937

0.13

Nil

Chris Lee (PDMR)

3,964

3,964

105,016

0.07

61,744

 

The share price on disposal of all shares was £8.842013 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.    Mark Ridley

2.    Simon Shaw

3.    Simon Hope

4.    Chris Lee

 

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

 

(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

 

(d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

Acquisition

£0.025 per share

 

1.    7,926

2.    7,926

3.    7,926

4.    3,964

 

Disposal

£8.842013 per share

1.    3,733

2.    7,926

3.    3,722

4.    3,964

 

(e)

Aggregated information

 

-      Aggregated volume

-      Price

 

N/A

 

 

(f)

Date of the transaction

 

9 May 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

 

10 May 2019       


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.
 
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