Last checked at 23 Jun 2021 14:42
SAVILLS PLC (THE 'COMPANY')
NOTIFICATION OF INTERESTS OF PDMR
Grant of Share Award
The Company announces that on 22 June 2021 the grant of an award has been made under the Savills Deferred Share Plan to a person discharging managerial responsibilities ('PDMR') as follows:-
PDMR | Number of shares subject to the Savills Deferred Share Plan awarded to the PDMR on22 June 2021 | Resulting beneficial interest under the Savills Deferred Share Bonus Plan and Savills Deferred Share Plan |
Christian Mancini | 89,525 | 112,690 |
25% of the above award has a Deferred Period of three years37.5% of the above award has a Deferred Period of four years37.5% of the above award has a Deferred Period of five years
The vesting of tranches with Deferred Periods of four and five years is subject to the satisfaction of performance criteria relating to the financial performance of Savills Asia Pacific ex-Greater China during 2021 to 2023.
All tranches of the award are 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 PDMR
| ||
(a) | Name | Christian Mancini
| |
2. | Reason for the notification
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(a) | Position/ status | Chief Executive Officer - Asia Pacific (ex-Greater China)
| |
(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 an award over Ordinary Shares in accordance with the Company's Deferred Share Plan
| |
(d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
£nil per share
| 89,690 | ||
(e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
(f) | Date of the transaction
| 22 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
23 June 2021