TIDMSVS

RNS Number : 3959C

Savills PLC

18 June 2021

SAVILLS PLC (THE 'COMPANY')

NOTIFICATION OF INTERESTS OF DIRECTORS/ PDMRS

Grant of Share Awards

The Company announces that on 17 June 2021 the grant of the share based element of 2020 profit share awards has been made under the Savills Deferred Share Bonus Plan to Directors and other persons discharging managerial responsibilities ('PDMR') as follows:-

 
 Director/ PDMR              Number of shares subject to   Resulting beneficial interest 
                              the Savills Deferred Share      under the Savills Deferred 
                               Bonus Plan awarded to the    Share Bonus Plan and Savills 
                                       Director/ PDMR on             Deferred Share Plan 
                                            17 June 2021 
 Mark Ridley (Director)                           23,926                         149,045 
                            ----------------------------  ------------------------------ 
 Simon Shaw (Director)                            17,747                         140,750 
                            ----------------------------  ------------------------------ 
 Simon Hope (PDMR)                                 2,129                          13,230 
                            ----------------------------  ------------------------------ 
 Alex Jeffrey (PDMR)                              22,033                         158,272 
                            ----------------------------  ------------------------------ 
 Chris Lee (PDMR)                                 11,073                          37,045 
                            ----------------------------  ------------------------------ 
 Raymond Lee (PDMR)                               33,983                          33,983 
                            ----------------------------  ------------------------------ 
 Christian Mancini (PDMR)                          5,251                          23,165 
                            ----------------------------  ------------------------------ 
 Mitchell Rudin (PDMR)                             8,239                          78,366 
                            ----------------------------  ------------------------------ 
 James Sparrow (PDMR)                             19,410                          84,245 
                            ----------------------------  ------------------------------ 
 

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 resulting beneficial interest for Alex Jeffrey (CEO, Savills Investment Management) includes an award over 136,239 shares made on 31 October 2019 under the Savills Deferred Share Plan whereby 28% of the award vests subject to continued employment in October 2022, with 72% vesting subject to the satisfaction of performance criteria relating to the financial performance of Savills Investment Management over the years 2020 to 2022.

The Company announces that on 17 June 2021 the grant of a share award under The Schedule to The Savills Deferred Share Plan to a PDMR based in the United States of America as follows:-

 
 PDMR                    Number of shares subject to   Resulting beneficial interest 
                          the Savills Deferred Share      under the Savills Deferred 
                         Plan awarded to the PDMR on                      Share Plan 
                                        17 June 2021 
 David Lipson (PDMR)                          21,374                          56,326 
                       -----------------------------  ------------------------------ 
 

20% of the above award will vest on 18 April 2022, being the anniversary of the programme's original inception, and then 20% on each of the subsequent four anniversaries of that date subject to continued employment and satisfaction of performance criteria relating to gross billings. The award is subject to rolled-up dividend shares whereby the number of shares awarded will be increased on the vesting dates to reflect final and interim dividends declared during the Deferred Periods.

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. Simon Hope 
                                                   4. Alex Jeffrey 
                                                   5. Chris Lee 
                                                   6. Raymond Lee 
                                                   7. Christian Mancini 
                                                   8. Mitchell Rudin 
                                                   9. James Sparrow 
                                                   10. David Lipson 
      ------------------------------------  ----------------------------------------------------- 
 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. Chief Executive Officer - Savills 
                                                         Investment Management/ PDMR 
                                                         5. Group Legal Director and Company 
                                                         Secretary/ PDMR 
                                                         6. Chief Executive - Hong Kong, Macau 
                                                         and Greater China/ PDMR 
                                                         7. Chief Executive Officer - Asia 
                                                         Pacific (ex-Greater China)/ PDMR 
                                                         8. Chairman and CEO - Savills North 
                                                         America/ PDMR 
                                                         9. Chief Executive Officer UK & EMEA/ 
                                                         PDMR 
                                                         10. President - 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             Grant of awards over Ordinary Shares 
                                              in accordance with the Company's Deferred 
                                              Share Bonus Plan and Deferred Share 
                                              Plan 
      ------------------------------------  ----------------------------------------------------- 
 (d)   Price(s) and volume(s)                Price(s)           Volume(s) 
      ------------------------------------  -----------------  ---------------------------------- 
                                             GBPnil per                    1. 23,926 
                                              share                         2. 17,747 
                                                                            3. 2,129 
                                                                            4. 22,033 
                                                                            5. 11,073 
                                                                            6. 33,983 
                                                                            7. 5,251 
                                                                            8. 8,239 
                                                                            9. 19,410 
                                                                            10. 21,374 
      ------------------------------------  -----------------  ---------------------------------- 
 (e)              Aggregated information     N/A 
 
                    *    Aggregated volume 
 
 
                    *    Price 
      ------------------------------------  ----------------------------------------------------- 
 (f)   Date of the transaction               17 June 2021 
      ------------------------------------  ----------------------------------------------------- 
 (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

18 June 2021

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END

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