RNS Number : 2381T
Savills PLC
20 June 2024
 

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)

25,925

25,925

231,854

0.16%

257,567

Simon Shaw (Director)

19,229

19,229

182,579

0.13%

196,309

Alex Jeffrey (PDMR)

23,874

23,874

105,000

0.07%

315,692

Chris Lee (PDMR)

11,998

11,998

119,000

0.08%

63,844

Raymond Lee (PDMR)

36,822

-

141,822

0.10%

116,295

Christian Mancini (PDMR)

5,689

-

161,944

0.11%

143,720

James Sparrow (PDMR)

21,031

9,905

103,989

0.07%

143,647

 

The share price on disposal of all shares was £11.37 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.    Alex Jeffrey

4.    Chris Lee

5.    Raymond Lee

6.    Christian Mancini

7.    James Sparrow

 

2.

Reason for the notification

 

(a)

Position/ status

1.    Group Chief Executive Officer/ Director

2.    Group Chief Financial Officer/ Director

3.    Chief Executive Officer - Savills Investment Management/ PDMR

4.    Group Legal Director and Company Secretary/ PDMR

5.    Chief Executive - Hong Kong, Macau and Greater China/ PDMR

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

7.    Chief Executive Officer, UK & CEME/ 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

 

 

 

 

 

 

 

Disposal

£11.37 per share

1.    25,925

2.    19,229

3.    23,874

4.    11,998

5.    36,822

6.    5,689

7.    21,031

 

 

1.    25,925

2.    19,229

3.    23,874

4.    11,998

5.    n/a

6.    n/a

7.    9,905

 

(e)

Aggregated information

 

-      Aggregated volume

-      Price

 

N/A

 

 

(f)

Date of the transaction

 

18 June 2024

(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

 

20 June 2024      

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