Director/PDMR Shareholding

RNS Number : 2312K
Savills PLC
15 April 2010
 



 

NOTIFICATION OF INTERESTS OF DIRECTORS/ PDMRs

 

Savills plc announces that awards have been made under The Savills Deferred Share Bonus Plan and The Savills Deferred Share Plan.

 

 

The Savills Deferred Share Bonus Plan (DSBP)

As part of their bonus arrangements, recipients under the DSBP are granted an award of fully paid ordinary shares in Savills plc, with deferred vesting.  Directors and PDMRs of Savills plc have received awards this year under the DSBP in respect of 2009 bonuses as follows:-

 

Director/ PDMR

Number of shares subject to Awards made 13 April 2010

 

Resulting beneficial interest under the DSBP

JC Helsby

34,538

168,194

SR Hope (PDMR)

2,939

100,583

JJM Ridley (PDMR)

5,467

22,783

RO Sebag-Montefiore (PDMR)

16,460

87,778

SJB Shaw

42,621

42,621

 

 

The Savills Deferred Share Plan (DSP)

The DSP provides a longer term incentive and retention element for key executives. Awards are made over fully paid ordinary shares in Savills plc, with deferred vesting. Savills plc directors are not eligible to receive awards under the DSP. The following awards were granted to PDMRs under the terms of the DSP on 13 April 2010:-

 

PDMR

Number of shares subject to Awards made 13 April 2010

 

Resulting beneficial interest under the DSP

SR Hope

29,394

 29,394

JJM Ridley

36,743

138,716

RO Sebag-Montefiore

29,394

29,394

 

 

All the above awards have a deferred period of three years.  Awards are subject to rolled-up dividend shares whereby the number of shares awarded will be increased on the vesting date to reflect final and interim dividends paid to ordinary shareholders during the deferred period.

 

 

 

15 April 2010                            


This information is provided by RNS
The company news service from the London Stock Exchange
 
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