RNS Number : 6764K
Savills PLC
15 April 2024
 

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

 

Vesting of Share Awards

 

On 15 April 2024, ordinary shares of the Company have been allotted to Directors and PDMRs of the Company as follows in satisfaction of the vesting of Awards made on 15 April 2019 under The Savills plc Performance Share Plan (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

Mark Ridley (Director)

71,598

71,598

231,854

0.16

Simon Shaw (Director)

54,751

54,751

182,579

0.13

Chris Lee (PDMR)

27,871

27,871

119,000

0.08

 

The share price on disposal on 15 April of all shares was £10.202748 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.    Chris Lee

 

2.

Reason for the notification

 

(a)

Position/ status

1.    Group Chief Executive/ Director

2.    Group Chief Financial Officer/ Director

3.    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

 

 

Disposal

£10.202748 per share

1.    71,598

2.    54,751

3.    27,871

 

1.    71,598

2.    54,751

3.    27,871

 

(e)

Aggregated information

 

-      Aggregated volume

-      Price

 

N/A

 

 

(f)

Date of the transaction

 

15 April 2024

(g)

Place of the transaction

 

Acquisition

 

Disposal

Outside a trading venue

 

London Stock Exchange (XLON)

 

Name of contact and telephone number for queries:

Chris Lee

Group Legal Director & Company Secretary

020 3107 5444

 

15 April 2024      

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