REG - Savills PLC - Director/PDMR Shareholding

SavillsAnnouncement

18/06/2021 11:15

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 the Savills Deferred Share Bonus Plan awarded to the Director/ PDMR on

17 June 2021


Resulting beneficial interest under the Savills Deferred Share Bonus Plan and Savills Deferred Share Plan




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 the Savills Deferred Share Plan awarded to the PDMR on

17 June 2021


Resulting beneficial interest under the Savills Deferred Share Plan




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/ 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
 


Awards over Savills plc Ordinary Shares of 2.5p each




(b)


Identification code of the Financial Instrument
 


GB00B135BJ46




(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)
 




£nil per share
 


1.    23,926
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
 
-      Aggregated volume
-      Price
 


N/A
 
 




(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

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHMZGMVGRMGMZM