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817.00    -5.00 (-0.61%)
Bid:
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Spread: 7.00 (0.862%)
Market Cap: £1.13b
SVS Live PriceLast checked at - London Stock Exchange

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Agreement Termination

21 Dec 2006 07:01

Savills PLC21 December 2006 Savills / Trammell Crow Strategic Alliance Agreement Termination Following the announcement yesterday that CBRE has completed the acquisition ofTrammell Crow Company (TCC), the Strategic Alliance Agreement between TCC andSavills has been terminated. CBRE have stated an intention to sell the TCC 19.2%shareholding in Savills. The two TCC nominated Directors on the Savills Board, William Concannon andDerek McClain, have resigned with immediate effect. TCC retain a right tonominate one Non-Executive Director whilst they hold over 7.5% of the issuedshare capital of Savills. EnquiriesCitigate Dewe Rogerson (020 7638 9571)Sarah GestetnerGeorge Cazenove This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
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14th Aug 20077:00 amRNSDirectorate Change
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1st Aug 20074:28 pmRNSHolding(s) in Company
1st Aug 20072:17 pmRNSBlocklisting Interim Review
1st Aug 20077:02 amRNSUS Acquisition
23rd Jul 20072:47 pmRNSDirector/PDMR Shareholding
12th Jul 20075:13 pmRNSDirector/PDMR Shareholding

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