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SAVILLS PLC (THE "COMPANY")
TRANSACTION IN SHARES BY DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
Grant of buyout awards for Group Chief Financial Officer
The Company announces that on 17 June 2026 it granted the following share awards (the "Awards") to Nick Sanderson to replace awards forfeited by him when he left his previous employer, Great Portland Estates plc ("GPE") to take up his appointment as the Company's Group Chief Financial Officer, which role he assumed on 9 February 2026 (the "Commencement Date"). The Awards were granted under the Savills Deferred Share Plan (No.2 Plan).
Level and purpose of Award
The Awards have been granted to replace restricted share plan awards forfeited by Mr Sanderson when he left GPE and are consistent with Savills Directors' Remuneration Policy and are as disclosed in the Directors' Remuneration Report in the 2025 Savills plc Report & Accounts.
The foregone restricted plan awards comprised two nil cost options to acquire GPE ordinary shares, each with a three year underpin period followed by a two-year holding period. The net of tax number of vested shares will need to be retained towards meeting Savills share ownership guidelines
The value and number of shares subject to the Awards has been calculated respectively using the share prices of the Company and GPE on the Commencement Date, as adjusted to reflect the Company's share price on the London Stock Exchange Dealing Day preceding the date of grant. In relation to the 2024 award, the Savills Remuneration Committee has limited the number of shares to a maximum of 68% of those originally awarded in recognition of Mr Sanderson only being employed for part of the performance period.
These Awards will vest on the originally timetabled vesting date of the forfeited GPE awards, subject to the application of the relevant GPE performance underpins. The Awards are subject to rolled-up dividend shares whereby the number of shares awarded will be increased to reflect final and interim dividends declared during the vesting period.
Director / PDMR | Number of shares subject to The Savills Deferred Share Plan (No.2 Plan) awarded to the Director/ PDMR on 17 June 2026 | Vesting Date | End of Holding Period |
Nick Sanderson (Director) | 79,653 | 6 July 2026 | 6 July 2028 |
56,786 | 19 June 2027 | 19 June 2029 |
On 21 May 2026, the Company granted Nick Sanderson an award over 24,533 shares under The Savills Deferred Share Bonus Plan with a vesting date of 21 May 2029 to reflect personal performance and measured GPE corporate performance for the 2025/26 financial year, as provisionally assessed at 21 May 2026. Now that GPE has finalised the KPI outcomes for 2025/26, a supplemental Award is required. This supplemental Award will also vest on 21 May 2029 and is subject to rolled-up dividend shares whereby the number of shares awarded will be increased during the Deferred Period to reflect final and interim dividends declared during the deferred period.
Director / PDMR | Number of shares subject to The Savills Deferred Share Bonus Plan awarded to the Director/ PDMR on 17 June 2026 | Vesting Date |
Nick Sanderson (Director) | 4,829 | 21 May 2029 |
Lapse of buyout awards granted to Mr Sanderson on 21 May 2026
At the same time, the other Deferred Share Bonus Plan share awards granted to Nick Sanderson on 21 May 2026 over a total of 63,941 shares have been lapsed ("Lapsed Awards"). The Lapsed Awards were granted to replace deferred share bonus plan awards originally granted by GPE in June 2023, June 2024 and May 2025 that were understood to have been forfeited by Nick Sanderson when he left GPE. It has since become clear that the GPE deferred share bonus awards have not been forfeited (and Nick Sanderson has retained these) and therefore do not need to be replaced.
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 | Nick Sanderson | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Group Chief Financial Officer / Director | ||||||
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, type of instrument Identification code | Savills plc Ordinary shares of 2.5p GB00B135BJ46 | ||||||
b) | Nature of the transaction | Grant of share awards over ordinary shares pursuant to a bespoke buy-out award arrangement | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Volume
- Price
- Total |
- 141,268
- nil | ||||||
e) | Date of the transaction | 17 June 2026 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the Director / PDMR | |||||
a) | Name | Nick Sanderson | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Chief Financial Officer / Director | ||||
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, type of instrument Identification code | Savills plc Ordinary shares of 2.5p GB00B135BJ46 | ||||
b) | Nature of the transaction | Lapse of share awards over ordinary shares pursuant to a bespoke buy-out award arrangement | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Volume
- Price
- Total |
n/a
| ||||
e) | Date of the transaction | 17 June 2026 | ||||
f) | 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 2026
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