Savills PLC Director/PDMR Shareholding (8336B)
June 14 2021 - 7:36AM
UK Regulatory
TIDMSVS
RNS Number : 8336B
Savills PLC
14 June 2021
SAVILLS PLC (THE "COMPANY")
TRANSACTION IN SHARES BY PERSON DISCHARGING MANAGERIAL
RESPONSIBILITIES (PDMR)
Vesting of Share Award
Tranches of an award made on 19 December 2018 over ordinary
shares of the Company under the Company's Deferred Share Plan have
become unconditional in all respects following the end of their
Deferred Periods. The Company has received notification today that,
in satisfaction of the award, the Trustee of the Group's US
Employee Benefit Trust ("Trustee") effected the transfer of shares,
following the settlement of associated tax liabilities through the
sale of shares, to a PDMR of the Company as follows:-
PDMR Number of Shares Number of Shares PDMR Shareholding Shareholding Beneficial
Transferred sold by Trustee following this as a % of issued interest
to PDMR by Trustee to settle tax notification share capital under the Deferred
liabilities Share Plans
following
this notification
Mitchell Rudin 25,256 24,363 59,414 0.04 70,127
-------------------- ----------------- ------------------ ------------------ -------------------
The share price on disposal of all shares was GBP11.868044 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 Mitchell Rudin
------------------------------------- -------------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------------
(a) Position/ status President, Savills US/ 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 Savills plc Ordinary Shares of 2.5p
Financial Instrument each
------------------------------------- -------------------------------------------
(b) Identification code GB00B135BJ46
of the Financial
Instrument
------------------------------------- -------------------------------------------
(c) Nature of the transaction Vesting of award under the Company's
Deferred Share Plan and sale of shares
to settle associated tax liabilities
------------------------------------- -------------------------------------------
(d) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------- ------------------------------- ----------
Number of Shares
Transferred at nil
cost by Trustee
to PDMR 25,256
--------------------------------------------------------------------------- ----------
Number of Shares
sold by Trustee
to settle tax liabilities
GBP11.868044 per
share 24,363
--------------------------------------------------------------------------- ----------
(e) Aggregated information N/A
* Aggregated volume
* Price
------------------------------------- -------------------------------------------
(f) Date of the transaction 10 June 2021
------------------------------------- -------------------------------------------
(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
14 June 2021
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END
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