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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.