REG - Savills PLC - Director/PDMR Shareholding
RNS Number : 7176CSavills PLC02 October 2018SAVILLS PLC (THE "COMPANY")
GRANT OF SHARESAVE SCHEME OPTIONS
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEMThe Company announces that following a valid application from Savills UK's CEO James Sparrow to participate in the Company's all-employee 2018 Sharesave Scheme, on 2 October 2018 options over the Company's ordinary shares of 2.5p each ("Ordinary Shares") were granted as follows:
PDMR
Number of Ordinary Shares under Option
Exercise Price per Ordinary Share
James Sparrow
2,812
£6.40
Subject to the rules of the Savills Sharesave Scheme, the options may be exercised at the end of the three year saving contract at the exercise price set out above. The expected maturity date of these options is 1 November 2021.
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
James Sparrow
2.
Reason for the notification
(a)
Position/ status
CEO, Savills UK/ 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
Grant of option over Ordinary Shares under the Savills 2018 Sharesave Scheme at an option price of £6.40 per share
(d)
Price(s) and volume(s)
Price(s)
Volume(s)
£6.40 per share
2,812
(e)
Aggregated information
- Aggregated volume
- Price
N/A
(f)
Date of the transaction
2 October 2018
(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
2 October 2018
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.ENDDSHDMMGGMZRGRZM
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