Savills PLC Director/PDMR Shareholding (7846X)

TIDMSVS

RNS Number : 7846X

Savills PLC

28 April 2023

SAVILLS PLC (THE "COMPANY")

TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

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 PDMRs of the Company based in North America as follows:-

 
 PDMR              Number of Shares   Number of Shares      Shareholding        Shareholding      Beneficial interest 
                        Transferred           Disposed    following this    as a % of issued       under the Deferred 
                                                            notification       share capital    Share Plans following 
                                                                                                    this notification 
 David Lipson                36,600             18,132            84,129               0.06%                  151,277 
                  -----------------  -----------------  ----------------  ------------------  ----------------------- 
 Mitchell Rudin              61,632             31,529           119,491               0.08%                  136,592 
                  -----------------  -----------------  ----------------  ------------------  ----------------------- 
 

The share price on disposal of all shares was GBP9.4254 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                                             1. David Lipson 
                                                         2. Mitchell Rudin 
      ------------------------------------  ----------------------------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------------------------- 
 (a)   Position/ status                                 1. President - Savills North America/ 
                                                         PDMR 
                                                         2. Chairman and CEO - Savills North 
                                                         America/ 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                        Vesting of awards under the Company's 
                                                         Deferred Share Plan and sale of shares 
                                                         to cover associated tax liabilities 
      ------------------------------------  ----------------------------------------------------- 
 (d)   Price(s) and volume(s)                Price(s)                   Volume(s) 
                                            -------------------------  -------------------------- 
                                             1)                                    1. 36,600 
                                              Acquisition                           2. 61,632 
                                              GBPnil per share 
 
                                              2)                                    1. 18,132 
                                              Disposal                              2. 31,529 
                                              GBP9.4254 per share 
                                            -------------------------  -------------------------- 
 (e)              Aggregated information     N/A 
 
                    *    Aggregated volume 
 
 
                    *    Price 
                                            ----------------------------------------------------- 
 (f)   Date of the transaction               26 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

28 April 2023

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April 28, 2023 02:00 ET (06:00 GMT)