We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Savills Plc | LSE:SVS | London | Ordinary Share | GB00B135BJ46 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 8.00 | 0.73% | 1,108.00 | 1,108.00 | 1,110.00 | 1,128.00 | 1,100.00 | 1,128.00 | 98,767 | 16:35:12 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Business Consulting Svcs,nec | 2.24B | 40.8M | 0.2998 | 37.02 | 1.51B |
From May 2022 to May 2024
TIDMSVS
RNS Number : 2788X
Savills PLC
24 April 2023
SAVILLS PLC (THE "COMPANY")
TRANSACTION IN SHARES BY DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)
Vesting of Share Awards
On 21 April 2023, ordinary shares of the Company have been allotted to Directors and PDMRs of the Company as follows in satisfaction of the partial vesting of Awards made on 16 April 2018 under The Savills plc Performance Share Plan (the "Performance Share Plan"):-
Hot Features
Premium
Director / PDMR Number of Shares Number of Shares Shareholding following Shareholding as
Transferred Disposed this notification a % of issued share
capital
Mark Ridley (Director) 11,173 11,173 231,854 0.16
----------------- ----------------- ----------------------- ---------------------
Simon Shaw (Director) 11,758 11,758 182,579 0.13
----------------- ----------------- ----------------------- ---------------------
Chris Lee (PDMR) 5,985 5,985 119,000 0.08
----------------- ----------------- ----------------------- ---------------------
The share price on disposal of all shares was GBP9.766 per share.
The balance of the Awards made on 16 April 2018 have lapsed.
Grant of Share Awards
The Company announces that on 21 April 2023 awards have been made under to Directors and PDMRs of the Company as follows under the Performance Share Plan:
Director / PDMR Number of Shares subject to Total number of shares subject
the Performance Share Plan awarded to the Performance Share Plan
to the Director / PDMR on 21 following this notification
April 2023
Mark Ridley (Director) 65,336 234,751
------------------------------------ -------------------------------
Simon Shaw (Director) 50,000 179,497
------------------------------------ -------------------------------
Chris Lee (PDMR) 25,288 91,116
------------------------------------ -------------------------------
The Performance Share Plan provides for the award of nil cost options or conditional awards of ordinary shares in the Company.
Awards of shares are made subject to a three-year performance period. Awards which satisfy the applicable performance criteria (as below) in the three-year performance period will then vest after an additional two-year holding period.
Awards vest subject to the satisfaction of the following performance criteria measured over the three years to 31 December 2025:
(a) one-third of the initial value of an award is subject to the Company's Total Shareholder Return ('TSR') performance measured against the TSR of the FTSE Mid 250 Index (excluding investment trusts);
(b) a further one-third of the initial value of an award is subject to Group Earnings per Share ('EPS') performance; and
(c) the final one-third of the initial value of an award is subject to the three-year average Return on Capital Employed ('ROCE') of the Company.
Awards vest as follows:
(a) for the TSR linked part of an award, 25% (i.e. threshold) will vest if the Company's TSR matches Index performance, rising to 100% (i.e. maximum) if the Company's TSR outperforms the Index by 8% p.a., compound or more with sliding scale vesting between the two points;
(b) for the EPS growth linked part of an award, 25% (i.e. threshold) will vest if the Company's EPS growth over the period is 4% p.a., compound rising to 100% (i.e. maximum) if the Company's EPS growth over the period is 10% p.a., compound or more with sliding scale vesting between the two points; and
(c) for the ROCE linked part of an award, 25% (i.e. threshold) will vest if the Company's ROCE is at least 12% p.a., rising to 100% (i.e. maximum) if the Company's ROCE is 22% p.a. or more; and with straight-line vesting between the two points.
The Company announces that on 21 April 2023 the grant of the share based element of 2022 profit share awards has been made under the Savills Deferred Share Bonus Plan to Directors and PDMRs as follows:-
Director/ PDMR Number of shares subject to the Savills Deferred
Share Bonus Plan awarded to the Director/ PDMR
on 21 April 2023
Mark Ridley (Director) 108,981
-------------------------------------------------
Simon Shaw (Director) 83,876
-------------------------------------------------
Alex Jeffrey (PDMR) 40,966
-------------------------------------------------
Chris Lee (PDMR) 16,806
-------------------------------------------------
Raymond Lee (PDMR) 32,432
-------------------------------------------------
David Lipson (PDMR) 9,309
-------------------------------------------------
Christian Mancini (PDMR) 27,037
-------------------------------------------------
Mitchell Rudin (PDMR) 9,309
-------------------------------------------------
James Sparrow (PDMR) 73,529
-------------------------------------------------
The Company announces that on 21 April 2023 the grant of an award has been made under the Savills Deferred Share Plan to a PDMR as follows:-
PDMR Number of shares subject to the Savills Deferred
Share Plan awarded to the PDMR on 21 April 2023
Alex Jeffrey 36,764
-------------------------------------------------
Vesting on a sliding scale is dependent upon the satisfaction of performance criteria relating to the financial performance of Savills Investment Management, including the performance of funds managed by Savills Investment Management, over the period 2023 to 2025.
All the above awards have a Deferred Period of three years and 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 declared during the Deferred Period.
The Company announces that on 21 April 2023 the grant of an award has been made under The Schedule to The Savills Deferred Share Plan to a PDMR based in the United States of America as follows:-
PDMR Number of shares subject to the Savills Deferred
Share Plan awarded to the PDMR on 21 April 2023
David Lipson (PDMR) 42,318
-------------------------------------------------
20% of Mr Lipson's award will vest on each of the five anniversaries subsequent to the date of grant subject to continued employment. The award is subject to rolled-up dividend shares whereby the number of shares awarded will be increased on the vesting dates to reflect final and interim dividends declared during the Deferred Periods.
Resulting beneficial interests under the Savills Deferred Share Bonus Plan and Savills Deferred Share Plan further to the above notifications are as follows:
Director/ PDMR Resulting beneficial interest under the Savills
Deferred Share Bonus Plan and Savills Deferred
Share Plan
Mark Ridley (Director) 308,398
------------------------------------------------
Simon Shaw (Director) 232,772
------------------------------------------------
Alex Jeffrey (PDMR) 387,042
------------------------------------------------
Chris Lee (PDMR) 78,650
------------------------------------------------
Raymond Lee (PDMR) 130,574
------------------------------------------------
David Lipson (PDMR) 187,304
------------------------------------------------
Christian Mancini (PDMR) 146,408
------------------------------------------------
Mitchell Rudin (PDMR) 194,919
------------------------------------------------
James Sparrow (PDMR) 165,149
------------------------------------------------
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. Mark Ridley
2. Simon Shaw
3. Alex Jeffrey
4. Chris Lee
5. Raymond Lee
6. David Lipson
7. Christian Mancini
8. Mitchell Rudin
9. James Sparrow
------------------------------------ ------------------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------------------------
(a) Position/ status 1. Group Chief Executive/ Director
2. Group Chief Financial Officer/
Director
3. Chief Executive Officer - Savills
Investment Management/ PDMR
4. Group Legal Director and Company
Secretary/ PDMR
5. Chief Executive - Hong Kong, Macau
and Greater China/ PDMR
6. President - Savills North America/
PDMR
7. Chief Executive Officer Asia Pacific
(ex-Greater China)/ PDMR
8. Chairman and CEO - Savills North
America/ PDMR
9. CEO, Savills UK & EMEA/ 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 1) Vesting of awards under the Company's
Performance Share Plan and sale of
resultant shares
2) Grant of awards over Ordinary Shares
in accordance with the Company's Performance
Share Plan
3) Grant of awards over Ordinary Shares
in accordance with the Company's Deferred
Share Bonus Plan and Deferred Share
Plan
------------------------------------ ------------------------------------------------------
(d) Price(s) and volume(s) Price(s) Volume(s)
------------------------- ---------------------------
1) 1. 11,173
Acquisition 2. 11,758
GBP0.025 per share 3. n/a
4. 5,985
5. n/a
6. n/a
7. n/a
8. n/a
9. n/a
Disposal 1. 11,173
GBP9.766 per share 2. 11,758
3. n/a
4. 5,985
5. n/a
6. n/a
7. n/a
8. n/a
9. n/a
------------------------- ---------------------------
2) 1. 65,336
GBPnil per share 2. 50,000
3. n/a
4. 25,288
5. n/a
6. n/a
7. n/a
8. n/a
9. n/a
------------------------- ---------------------------
3) 1. 108,981
GBPnil per share 2. 83,876
3. 77,730
4. 16,806
5. 32,432
6. 51,627
7. 27,037
8. 9,309
9. 73,529
------------------------------------ ------------------------- ---------------------------
(e) Aggregated information N/A
* Aggregated volume
* Price
------------------------------------ ------------------------------------------------------
(f) Date of the transaction 21 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
24 April 2023
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHMZGZDVDDGFZM
(END) Dow Jones Newswires
April 24, 2023 12:15 ET (16:15 GMT)
1 Year Savills Chart |
1 Month Savills Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
