Last checked at 30 Sep 2022 10:00
SAVILLS PLC (THE "COMPANY")
GRANT OF SHARESAVE SCHEME OPTIONSNOTIFICATION OF TRANSACTIONS BY DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)
The Company announces that following valid applications to participate in the Company's all-employee 2022 Sharesave Scheme, on 29 September 2022 options over the Company's ordinary shares of 2.5p each ("Ordinary Shares") were granted to Directors and PDMRs as follows:
Director/ PDMR | Number of Ordinary Shares under Option | Exercise Price per Ordinary Share |
Mark Ridley (Director) | 2,371 | £7.59 |
Simon Shaw (Director) | 2,371 | £7.59 |
Chris Lee (PDMR) | 2,371 | £7.59 |
James Sparrow (PDMR) | 2,371 | £7.59 |
Subject to the rules of the Savills Sharesave Scheme, the options may be exercised at the end of the three-year saving contract at the exercise price set out above. The expected maturity date of these options is 1 November 2025.
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. Chris Lee 4. James Sparrow
| |
2. | Reason for the notification
| ||
(a) | Position/ status | 1. Group Chief Executive/ Director 2. Group Chief Financial Officer/ Director 3. Group Legal Director and Company Secretary/ PDMR 4. 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
| Grant of option over Ordinary Shares under the Savills 2022 Sharesave Scheme at an option price of £7.59 per share
| |
(d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
£7.59 per share
| 2,371 per Director/ PDMR | ||
(e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
(f) | Date of the transaction
| 29 September 2022 | |
(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
30 September 2022