Last checked at 28 Apr 2023 07:00
SAVILLS PLC (THE "COMPANY")
TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)
Vesting of Share Awards
Awards over ordinary shares of the Company under the Deferred Share Plan have become unconditional in all respects following the end of their Deferred Period. In satisfaction of the Awards, the Trustee of the Savills US Employee Benefit Trust effected the transfer of shares, following the settlement of associated tax liabilities through the sale of shares, to PDMRs of the Company based in North America as follows:-
PDMR | Number of Shares Transferred | Number of Shares Disposed | Shareholding following this notification | Shareholding as a % of issued share capital | Beneficial interest under the Deferred Share Plans following this notification |
David Lipson | 36,600 | 18,132 | 84,129 | 0.06% | 151,277 |
Mitchell Rudin | 61,632 | 31,529 | 119,491 | 0.08% | 136,592 |
The share price on disposal of all shares was £9.4254 per share.
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. David Lipson 2. Mitchell Rudin
| |
2. | Reason for the notification
| ||
(a) | Position/ status | 1. President - Savills North America/ PDMR 2. Chairman and CEO - 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
| Savills plc Ordinary Shares of 2.5p each | |
(b) | Identification code of the Financial Instrument
| GB00B135BJ46 | |
(c) | Nature of the transaction
| Vesting of awards under the Company's Deferred Share Plan and sale of shares to cover associated tax liabilities
| |
(d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
1) Acquisition £nil per share
2) Disposal £9.4254 per share | 1. 36,600 2. 61,632
1. 18,132 2. 31,529
| ||
(e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
(f) | Date of the transaction
| 26 April 2023 | |
(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
28 April 2023