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DIRECTOR DEALINGS: Savills Non-Executive Director Buys First Shares

11th Mar 2016 15:46

LONDON (Alliance News) - Savills PLC said Non-Executive Director Nicholas Ferguson bought 14,286 shares at a price of 700.6 pence per share Friday.

The purchase is his only holding.

The real estate advisor on Thursday recorded a surge in pretax profit, boosted by strong revenue growth from its US business.

Savills recorded GBP98.6 million pretax profit for the year ended December 31, 16% higher than GBP84.7 million in 2014, after revenue came in at GBP1.28 billion, up 19% from GBP1.08 billion in 2014.

The stock was up 2.5% at 708.50p Friday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.


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