RNS Number : 7076P
Savills PLC
23 May 2024
 

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR)

 

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 a PDMR 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

Resulting beneficial interest under the Savills Deferred Share Bonus Plan and Savills Deferred Share Plan

David Lipson

42,740

21,323

125,116

0.087%

120,373

 

 

The share price on disposal of shares was £11.101 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

David Lipson

 

2.

Reason for the notification

 

(a)

Position/ status

Chief Executive Officer - 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 satisfy associated tax liabilities

 

(d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

Acquisition

£nil per share

 

Disposal

£11.101 per share

42,740

 

 

21,323

 

(e)

Aggregated information

 

-      Aggregated volume

-      Price

 

N/A

 

 

(f)

Date of the transaction

 

21 May 2024

(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 May 2024       

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