TIDMSVS

RNS Number : 2105L

Savills PLC

28 April 2020

SAVILLS PLC (THE 'COMPANY')

NOTIFICATION OF INTERESTS OF DIRECTORS/ PERSONS DISCHARGING MANAGERIAL RESPONSIBILIES ('PDMRS')

Vesting and Grant of Share Awards

Awards made on 18 April 2017 over ordinary shares of the Company under the Company's Deferred Share Plans have now become unconditional in all respects following the end of their Deferred Period. In satisfaction of the Awards, the Trustee of The Savills plc 1992 Employee Benefit Trust ('Trustee') effected the transfer of shares, following the settlement of associated tax liabilities through the sale of shares which completed on 27 April 2020, to Directors and PDMRS of the Company as detailed in the table below.

The Company also announces that on 27 April 2020 the grant of the share based element of 2019 profit share awards was made under the Savills Deferred Share Bonus Plan to Directors and PDMRS of the Company as detailed in the table below.

 
 Director / PDMR        Number of        Number of       Director /     Shareholding        Number of       Beneficial 
                           Shares           Shares             PDMR        as a % of           Shares   interest under 
                      Transferred          sold by     Shareholding           issued       subject to     the Deferred 
                      to Director          Trustee   following this    share capital      the Savills      Share Plans 
                        / PDMR by        to settle     notification                    Deferred Share   following this 
                          Trustee       associated                                         Bonus Plan     notification 
                                               tax                                         awarded to 
                                       liabilities                                       the Director 
                                                                                               / PDMR 
 Mark Ridley 
  (Director)               27,360           24,357          210,321            0.15%           85,446          171,611 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 Simon Shaw 
  (Director)               26,715           23,783          182,579            0.13%           63,821          175,537 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 Simon Hope 
  (PDMR)                    3,693            3,271          190,789            0.13%            5,652           18,781 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 Chris Lee 
  (PDMR)                    7,122            6,343          112,138            0.08%           13,329           37,851 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 Christian 
  Mancini 
  (PDMR)                    8,183              n/a          112,407            0.08%            7,974           26,789 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 Mitchell Rudin 
  (PDMR)                      n/a              n/a           34,158            0.02%           12,811          184,756 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 James Sparrow 
  (PDMR)                      n/a              n/a           58,798            0.04%           35,681           69,140 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 Mitchell Steir 
  (PDMR)                    5,187            5,644           52,500            0.04%           21,488           46,033 
                  ---------------  ---------------  ---------------  ---------------  ---------------  --------------- 
 

The share price on disposal of shares to settle associated tax liabilities was GBP8.823376 per share.

All the above awards have a Deferred Period of three years and are subject to rolled-up dividend shares whereby the number of shares awarded will be increased on the vesting date to reflect final and interim dividends declared during the Deferred Period.

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 
                                                   5. Christian Mancini 
                                                   6. Mitchell Rudin 
                                                   7. James Sparrow 
                                                   8. Mitchell Steir 
      ------------------------------------  ------------------------------------------------ 
 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 
                                                   5. Chief Executive Officer Asia Pacific 
                                                   (ex-Greater China) / PDMR 
                                                   6. President, Savills US / PDMR 
                                                   7. Chief Executive Officer UK & EMEA/ 
                                                   PDMR 
                                                   8. Chairman and CEO - Savills North 
                                                   America/ PDMR 
      ------------------------------------  ------------------------------------------------ 
 (b)   Initial notification/                 Initial notification 
        Amendment 
      ------------------------------------  ------------------------------------------------ 
 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                    Awards over Savills plc Ordinary Shares 
        Financial Instrument                  of 2.5p each 
      ------------------------------------  ------------------------------------------------ 
 (b)   Identification code                   GB00B135BJ46 
        of the Financial 
        Instrument 
      ------------------------------------  ------------------------------------------------ 
 (c)   Nature of the transaction             Vesting of awards under the Company's 
                                              Deferred Share Plans and sale of shares 
                                              to settle associated tax liabilities 
      ------------------------------------  ------------------------------------------------ 
 (d)   Price(s) and volume(s)                Price(s)                Volume(s) 
      ------------------------------------  ----------------------  ------------------------ 
                                             Number of                          1. 27,360 
                                              Shares Transferred                 2. 26,715 
                                              at nil cost                        3. 3,693 
                                              by Trustee                         4. 7,122 
                                              to Director                        5. 8,183 
                                              / PDMR                             6. n/a 
                                                                                 7. n/a 
                                                                                 8. 5,187 
      ------------------------------------  ----------------------  ------------------------ 
                                             Number of                          1. 24,357 
                                              Shares sold                        2. 23,783 
                                              by Trustee                         3. 3,271 
                                              to settle                          4. 6,343 
                                              tax liabilities                    5. n/a 
                                              at GBP8.823376                     6. n/a 
                                              per share                          7. n/a 
                                                                                 8. 5,644 
      ------------------------------------  ----------------------  ------------------------ 
 (e)              Aggregated information     N/A 
 
                    *    Aggregated volume 
 
 
                    *    Price 
      ------------------------------------  ------------------------------------------------ 
 (f)   Date of the transaction               27 April 2020 
      ------------------------------------  ------------------------------------------------ 
 (g)   Place of the transaction              Outside a trading venue 
      ------------------------------------  ------------------------------------------------ 
 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                    Awards over Savills plc Ordinary Shares 
        Financial Instrument                  of 2.5p each 
      ------------------------------------  ------------------------------------------------ 
 (b)   Identification code                   GB00B135BJ46 
        of the Financial 
        Instrument 
      ------------------------------------  ------------------------------------------------ 
 (c)   Nature of the transaction             Grant of awards over Ordinary Shares 
                                              in accordance with the Company's Deferred 
                                              Share Bonus Plan ('DSBP') 
      ------------------------------------  ------------------------------------------------ 
 (d)   Price(s) and volume(s)                Price(s)                Volume(s) 
      ------------------------------------  ----------------------  ------------------------ 
                                             GBPnil per                         1. 85,446 
                                              share                              2. 63,821 
                                                                                 3. 5,652 
                                                                                 4. 13,329 
                                                                                 5. 7,974 
                                                                                 6. 12,811 
                                                                                 7. 35,681 
                                                                                 8. 21,488 
      ------------------------------------  ----------------------  ------------------------ 
 (e)              Aggregated information     N/A 
 
                    *    Aggregated volume 
 
 
                    *    Price 
      ------------------------------------  ------------------------------------------------ 
 (f)   Date of the transaction               27 April 2020 
      ------------------------------------  ------------------------------------------------ 
 (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

28 April 2020

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.

END

DSHKZGZDDRGGGZM

(END) Dow Jones Newswires

April 28, 2020 10:53 ET (14:53 GMT)

Grafico Azioni Savills (LSE:SVS)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Savills
Grafico Azioni Savills (LSE:SVS)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Savills