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1 Jul 2020 16:51
SAVILLS PLC (THE "COMPANY")
NOTIFICATION OF INTERESTS OF DIRECTORS/ PDMRS AND CONNECTED PERSONS
The Company announces that it has today received notification that James Sparrow, a PDMR, sold 4,096 Savills plc ordinary shares of 2.5p each ("Ordinary Shares") at £8.3252 per share on 26 June 2020. As a result, Mr Sparrow has a total beneficial interest in 59,754 Ordinary Shares, representing 0.042% of the Company's issued share capital.
Since he became a PDMR in late 2018 until the time of this transaction, Mr Sparrow retained a beneficial interest in 58,475 Ordinary Shares exclusive of his interest in The Savills Share Incentive Plan ("SIP"). Notifications during this period mistakenly included Mr Sparrow's SIP within the beneficial interest of 58,475 Ordinary Shares instead of in addition. This notification includes Mr Sparrow's interest in the SIP.
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 & 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
| Sale of Ordinary Shares
| |
(d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
£8.3252 per share
| 4,096
| ||
(e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
(f) | Date(s) of the transactions
| 26 June 2020 | |
(g) | Place of the transaction
| London Stock Exchange (XLON) | |
Name of contact and telephone number for queries:
C M Lee
Group Legal Director & Company Secretary
020 3107 5444
1 July 2020
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