Savills PLC Director/PDMR Shareholding (7176C)

TIDMSVS

RNS Number : 7176C

Savills PLC

02 October 2018

SAVILLS PLC (THE "COMPANY")

GRANT OF SHARESAVE SCHEME OPTIONS

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

The Company announces that following a valid application from Savills UK's CEO James Sparrow to participate in the Company's all-employee 2018 Sharesave Scheme, on 2 October 2018 options over the Company's ordinary shares of 2.5p each ("Ordinary Shares") were granted as follows:

 
 PDMR            Number of Ordinary     Exercise Price per 
                  Shares under Option    Ordinary Share 
 James Sparrow   2,812                  GBP6.40 
                ---------------------  ------------------- 
 

Subject to the rules of the Savills Sharesave Scheme, the options may be exercised at the end of the three year saving contract at the exercise price set out above. The expected maturity date of these options is 1 November 2021.

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 
       ------------------------------------------------------------------------------------ 
 (a)    Position/ status                        CEO, Savills UK/ PDMR 
       --------------------------------------  -------------------------------------------- 
 (b)    Initial notification/                   Initial notification 
         Amendment 
       --------------------------------------  -------------------------------------------- 
 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                      Savills plc Ordinary Shares of 2.5p 
         Financial Instrument                    each 
       --------------------------------------  -------------------------------------------- 
 (b)    Identification code                     GB00B135BJ46 
         of the Financial 
         Instrument 
       --------------------------------------  -------------------------------------------- 
 (c)    Nature of the transaction               Grant of option over Ordinary Shares 
                                                 under the Savills 2018 Sharesave Scheme 
                                                 at an option price of GBP6.40 per 
                                                 share 
       --------------------------------------  -------------------------------------------- 
 (d)    Price(s) and volume(s)                  Price(s)                      Volume(s) 
       --------------------------------------  ----------------------------  -------------- 
   GBP6.40 per share                                                          2,812 
  -------------------------------------------------------------------------  -------------- 
 (e)               Aggregated information       N/A 
 
                     *    Aggregated volume 
 
 
                     *    Price 
       --------------------------------------  -------------------------------------------- 
 (f)    Date of the transaction                 2 October 2018 
       --------------------------------------  -------------------------------------------- 
 (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

2 October 2018

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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October 02, 2018 07:53 ET (11:53 GMT)