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18 Jun 2021 11:12
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 on17 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 on17 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
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