Director/PDMR Shareholding

RNS Number : 8336B
Savills PLC
14 June 2021
 

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR)

 

Vesting of Share Award

 

Tranches of an award made on 19 December 2018 over ordinary shares of the Company under the Company's Deferred Share Plan have become unconditional in all respects following the end of their Deferred Periods.  The Company has received notification today that, in satisfaction of the award, the Trustee of the Group's US Employee Benefit Trust ("Trustee") effected the transfer of shares, following the settlement of associated tax liabilities through the sale of shares, to a PDMR of the Company as follows:-

 

PDMR

Number of Shares Transferred  to PDMR by Trustee

Number of Shares sold by Trustee to settle tax liabilities

PDMR Shareholding following this notification

Shareholding as a % of issued share capital

Beneficial interest under the Deferred Share Plans following this notification

 

Mitchell Rudin

25,256

24,363

59,414

0.04

70,127

 

 

The share price on disposal of all shares was £11.868044 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

Mitchell Rudin

 

2.

Reason for the notification

 

(a)

Position/ status

President, Savills US/ 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 award under the Company's Deferred Share Plan and sale of shares to settle associated tax liabilities

 

(d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

Number of Shares Transferred  at nil cost by Trustee to PDMR

 

25,256

Number of Shares sold by Trustee to settle tax liabilities £11.868044 per share

 

24,363

(e)

Aggregated information

 

Aggregated volume

Price

 

N/A

 

 

(f)

Date of the transaction

 

10 June 2021

(g)

Place of the transaction

 

London Stock Exchange (XLON)

 

Name of contact and telephone number for queries:

Chris Lee

Group Legal Director & Company Secretary

020 3107 5444

 

14 June 2021  

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