REG - Savills PLC - Director/PDMR Shareholding

SavillsAnnouncement

14/06/2021 13:40

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 Transferred  to PDMR by Trustee


Number of Shares sold by Trustee to settle tax liabilities


PDMR Shareholding following this notification


Shareholding as a % of issued share capital


Beneficial interest under the Deferred 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 £11.868044 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/ 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 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 £11.868044 per share
 


24,363




(e)


Aggregated information
 
-      Aggregated volume
-      Price
 


N/A
 
 




(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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