TIDMSVS

RNS Number : 7704R

Savills PLC

01 July 2020

SAVILLS PLC (THE "COMPANY")

NOTIFICATION OF INTERESTS OF DIRECTORS/ PDMRS AND CONNECTED PERSONS

The Company announces that it has today received notification that James Sparrow, a PDMR, sold 4,096 Savills plc ordinary shares of 2.5p each ("Ordinary Shares") at GBP8.3252 per share on 26 June 2020. As a result, Mr Sparrow has a total beneficial interest in 59,754 Ordinary Shares, representing 0.042% of the Company's issued share capital.

Since he became a PDMR in late 2018 until the time of this transaction, Mr Sparrow retained a beneficial interest in 58,475 Ordinary Shares exclusive of his interest in The Savills Share Incentive Plan ("SIP"). Notifications during this period mistakenly included Mr Sparrow's SIP within the beneficial interest of 58,475 Ordinary Shares instead of in addition. This notification includes Mr Sparrow's interest in the SIP.

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 & 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              Sale of Ordinary Shares 
       -------------------------------------  --------------------------------------- 
 (d)    Price(s) and volume(s)                 Price(s)                   Volume(s) 
       -------------------------------------  -------------------------  ------------ 
   GBP8.3252 per share                                                    4,096 
  ---------------------------------------------------------------------  ------------ 
 (e)               Aggregated information      N/A 
 
                     *    Aggregated volume 
 
 
                     *    Price 
       -------------------------------------  --------------------------------------- 
 (f)    Date(s) of the transactions            26 June 2020 
       -------------------------------------  --------------------------------------- 
 (g)    Place of the transaction               London Stock Exchange (XLON) 
       -------------------------------------  --------------------------------------- 
 

Name of contact and telephone number for queries:

C M Lee

Group Legal Director & Company Secretary

020 3107 5444

1 July 2020

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.

END

DSHDZGGNKMLGGZM

(END) Dow Jones Newswires

July 01, 2020 11:51 ET (15:51 GMT)

Savills (LSE:SVS)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Savills Charts.
Savills (LSE:SVS)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Savills Charts.