Last checked at 12 May 2020 12:01
SAVILLS PLC (THE "COMPANY")
ALLOCATION OF SHARES UNDER THE SAVILLS SHARE INCENTIVE PLANNOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Savills Share Incentive Plan ("the Plan") is a share purchase plan available to all employees of participating companies and Executive Directors/ PDMRs are eligible to participate. Each month the Trustees of the Plan invest participants' contributions in Savills plc ordinary shares of 2.5p each ("Ordinary Shares") at the prevailing market price in accordance with the Plan Rules.
The Company has been advised by the Trustees of the Plan that on 11 May 2020, Ordinary Shares were allocated at £9.7589 per share to the following PDMRs of Savills plc who are participants in the Plan:
PDMR | Number of Ordinary Shares allocated 11 May 2020 | Number of Ordinary Shares held in the Plan following May's allocation | Total beneficial interest in Savills plc ordinary shares of 2.5p each |
Simon Hope | 13 | 5,208 | 190,802 |
James Sparrow | 15 | 5,358 | 58,813 |
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 person discharging managerial responsibilities/ person closely associated
| ||
(a) | Name | 1. Simon Hope 2. James Sparrow
| |
2. | Reason for the notification
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(a) | Position/ status | 1. Global Head of Capital Markets/ PDMR 2. CEO, Savills UK & EMEA/ 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
| Purchase of Ordinary Shares through the Savills Share Incentive Plan
| |
(d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
£9.7589
| 1. 13 2. 15 | ||
(e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
(f) | Date of the transaction
| 11 May 2020 | |
(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
12 May 2020