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REG - Savills PLC - Director/PDMR Shareholding

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RNS Number : 9801M  Savills PLC  26 May 2022

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

 

Vesting of Share Awards

 

On 26 May 2022, ordinary shares of the Company have been allotted to Directors
and PDMRs of the Company as follows in satisfaction of the partial vesting of
Awards made on 22 May 2017 under the Performance Share Plan:-

 

 Director / PDMR         Number of Shares Transferred  Number of Shares Disposed  Shareholding following this notification  Shareholding as a % of issued share capital  Beneficial interest under the Performance Share Plan following this
                                                                                                                                                                         notification
 Mark Ridley (Director)  26,830                        26,830                     231,854                                   0.16                                         242,453
 Simon Shaw (Director)   26,830                        26,830                     182,579                                   0.13                                         188,176
 Chris Lee (PDMR)        7,985                         7,985                      119,000                                   0.08                                         95,690

 

The share price on disposal of all shares was £10.952661 per share.

 

The balance of the Awards made on 22 May 2017 have lapsed.

 

On 25 May 2022 the grant of an award has been made 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  Resulting beneficial interest under the Savills Deferred Share Plan
               PDMR on 25 May 2022
 David Lipson  25,847                                                                      127,017

 

20% of the above award will vest on 18 April 2023, 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 shall 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.    Chris Lee

                                                       4.    David Lipson

 2.   Reason for the notification

 (a)  Position/ status                                 1.    Group Chief Executive/ Director

                                                       2.    Group Chief Financial Officer/ Director

                                                       3.    Group Legal Director and Company Secretary/ PDMR

                                                       4.    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          Savills plc Ordinary Shares of 2.5p each

 (b)  Identification code of the Financial Instrument  GB00B135BJ46

 (c)  Nature of the transaction                        Vesting of awards under the Company's Performance Share Plan and sale of

                                                resultant shares for persons 1 - 3

 (d)  Price(s) and volume(s)                           Price(s)                               Volume(s)

      Acquisition                                                                             1.    26,830

      £0.025 per share                                                                        2.    26,830

                                                                                              3.    7,985

      Disposal                                                                                1.    26,830

      £10.952661 per share                                                                    2.    26,830

                                                                                              3.    7,985

 (e)  Aggregated information                           N/A

      -      Aggregated volume

      -      Price

 (f)  Date of the transaction                          26 May 2022

 (g)  Place of the transaction                         London Stock Exchange (XLON)

 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          Award over Savills plc Ordinary Shares in accordance with the Company's
                                                       Deferred Share Plan

 (b)  Identification code of the Financial instrument  GB00B135BJ46
 (c)  Nature of the transaction                        Grant of an award over Ordinary Shares in accordance with the Company's
                                                       Deferred Share Plan in respect of David Lipson

 (d)  Price(s) and volume(s)                           Price(s)                               Volume(s)
      £nil per share                                                                          25,847
 (d)  Aggregated information                           N/A

      -      Aggregated volume

      -      Price
 (f)  Date of the transaction                          25 May 2022
 (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

 

26 May 2022

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