10th Jun 2025 17:57
SAVILLS PLC (THE "COMPANY")
TRANSACTION IN SHARES BY DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)
Vesting of Deferred Share Awards
Awards over ordinary shares of the Company under the Company's Deferred Share Plans have become unconditional in all respects following the end of their Deferred Period. In satisfaction of the Awards, the Trustees of the Group's Employee Benefit Trust have effected the transfer of shares, following the settlement of associated tax liabilities through the sale of shares, to Directors and PDMRs of the Company as follows:
Director/ PDMR | Number of Shares Transferred | Number of Shares Disposed | Shareholding following this notification | Shareholding as a % of issued share capital |
Mark Ridley (Director) | 5,211 | 94,689 | 237,065 | 0.16% |
Simon Shaw (Director) | 39,500 | 35,196 | 222,079 | 0.15% |
Martin Fidden (PDMR) | 7,598 | - | 25,382 | 0.02% |
Alex Jeffrey (PDMR) | 120,491 | - | 238,931 | 0.17% |
Chris Lee (PDMR) | 2,166 | 39,373 | 121,166 | 0.08% |
Raymond Lee (PDMR) | 71,181 | - | 176,181 | 0.12% |
David Lipson (PDMR) | 3,770 | 3,760 | 128,886 | 0.09% |
James Sparrow (PDMR) | 21,431 | 19,096 | 114,450 | 0.08% |
The share price on disposal of all shares was £9.625 per share.
Grant of Deferred Share Awards
The Company announces that on 10 June 2025 the grant of the share-based element of 2024 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 10 June 2025 |
Mark Ridley (Director) | 105,394 |
Simon Shaw (Director) | 81,120 |
Alex Jeffrey (PDMR) | 57,053 |
Chris Lee (PDMR) | 16,597 |
James Sparrow (PDMR) | 41,493 |
These 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 10 June 2025 the grant of an award has been made under The Savills Deferred Share Plan (No.2 Plan) to the following PDMR:
PDMR | Number of shares subject to The Savills Deferred Share Plan (No.2 Plan) awarded to the PDMR on 10 June 2025 |
Martin Fidden (PDMR) | 15,560 |
This award has a Deferred Period of three years and is 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 10 June 2025 the grant of an award has been made under The Schedule to The Savills Deferred Share Plan (No.2 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 10 June 2025 |
David Lipson (PDMR) | 68,999 |
One-third of Mr Lipson's award will vest on each of the three 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 The Savills Deferred Share Plan (No.2 Plan) further to the above notifications are as follows:
Director/ PDMR | Resulting beneficial interest under The Savills Deferred Share Bonus Plan and The Savills Deferred Share Plan (No.2 Plan) |
Mark Ridley (Director) | 267,995 |
Simon Shaw (Director) | 210,101 |
Martin Fidden (PDMR) | 30,635 |
Alex Jeffrey (PDMR) | 183,558 |
Chris Lee (PDMR) | 42,999 |
Raymond Lee (PDMR) | 52,136 |
David Lipson (PDMR) | 181,915 |
James Sparrow (PDMR) | 148,611 |
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. Martin Fidden 4. Alex Jeffrey 5. Chris Lee 6. Raymond Lee 7. David Lipson 8. 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 - Asia Pacific (ex-Greater China)/ PDMR 4. Chief Executive Officer - Savills Investment Management/ PDMR 5. Group Legal Director and Company Secretary/ PDMR 6. Chief Executive - Hong Kong, Macau and Greater China/ PDMR 7. Chief Executive Officer - Savills North America/ PDMR 8. Chief Executive Officer, UK & EMEA/ 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
| 1) Vesting of awards under the Company's Deferred Share Plans and sale of shares 2) Grant of awards over Ordinary Shares in accordance with the Company's Deferred Share Plans
| |
(d) | Price(s) and volume(s)
| Price(s) | Volume(s)
|
1) Acquisition £nil per share
Disposal £9.625 per share | 1. 99,900 2. 74,696 3. 7,598 4. 120,491 5. 41,539 6. 71,181 7. 7,530 8. 40,527
1. 94,689 2. 35,196 3. n/a 4. n/a 5. 39,373 6. n/a 7. 3,760 8. 19,096
| ||
2) £nil per share | 1. 105,394 2. 81,120 3. 15,560 4. 57,053 5. 16,597 6. n/a 7. 68,999 8. 41,493
| ||
(e) | Aggregated information
- Aggregated volume - Price
| N/A
| |
(f) | Date of the transaction
| Vesting of awards and sale of associated shares - 9 June 2025 Grant of awards - 10 June 2025 | |
(g) | Place of the transaction
| Vesting of awards - Outside a trading venue Sale of associated shares - London Stock Exchange Grant of awards - Outside a trading venue
| |
Name of contact and telephone number for queries:
Chris Lee
Group Legal Director & Company Secretary
020 3107 5444
10 June 2025
Related Shares:
Savills