Last checked at 2 Oct 2018 12:53
SAVILLS PLC (THE "COMPANY")
GRANT OF SHARESAVE SCHEME OPTIONSNOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Company announces that following a valid application from Savills UK's CEO James Sparrow to participate in the Company's all-employee 2018 Sharesave Scheme, on 2 October 2018 options over the Company's ordinary shares of 2.5p each ("Ordinary Shares") were granted as follows:
PDMR | Number of Ordinary Shares under Option | Exercise Price per Ordinary Share |
James Sparrow | 2,812 | £6.40 |
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 2021.
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 | James Sparrow
| |
2. | Reason for the notification
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(a) | Position/ status | CEO, Savills UK/ PDMR
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(b) | Initial notification/ Amendment
| Initial notification | |
3. | Details of the issuer
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(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 2018 Sharesave Scheme at an option price of £6.40 per share
| |
(d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
£6.40 per share
| 2,812 | ||
(e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
(f) | Date of the transaction
| 2 October 2018 | |
(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
2 October 2018