Director/PDMR Shareholding
Savills PLC has granted a buy-out award of 88,474 ordinary shares to its Group Chief Financial Officer, Nick Sanderson, on 21 May 2026. These awards, granted under the Savills Deferred Share Bonus Plan, replace forfeited awards from his previous employer and are valued at nil consideration. The shares will vest in tranches between June 2026 and May 2029, with the number of shares subject to dividend reinvestment. This transaction is consistent with the company's Directors' Remuneration Policy.
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The Company announces that on 21 May 2026 it granted the following share awards (the "Awards") to Nick Sanderson to replace awards forfeited by him when he left his previous employer, Great Portland Estates plc ("GPE") to take up his appointment as the Company's Group Chief Financial Officer, which role he assumed on 9 February 2026 (the "Commencement Date"). The Awards were granted under the Savills Deferred Share Bonus Plan.
Level and purpose of Award
As above, the Savills Awards have been granted to replace deferred share bonus plan awards forfeited by Mr Sanderson when he left GPE, and are consistent with Savills Directors' Remuneration Policy and are as disclosed in the Directors' Remuneration Report in the 2025 Savills plc Report & Accounts.
The foregone deferred share bonus plan awards comprised three nil cost options to acquire GPE ordinary shares, each with a deferral period of three years and a further deferred share bonus plan award to be granted May / June 2026 to reflect personal and measured GPE corporate performance for the 2025/26 financial year.
The value and number of shares subject to the Awards has been calculated respectively using the share prices of the Company and GPE on the Commencement Date, as adjusted to reflect the Company's share price on the London Stock Exchange Dealing Day preceding the date of grant.
These Awards will vest on the earlier of the originally timetabled vesting date of the forfeited GPE awards or the third anniversary of grant and are subject to rolled-up dividend shares whereby the number of shares awarded will be increased during the Deferred Period to reflect final and interim dividends declared during the deferred period.
| Director / PDMR | Number of shares subject to The Savills Deferred Share Bonus Plan awarded to the Director/ PDMR on 21 May 2026 | Vesting Date |
| Nick Sanderson (Director) | 18,215 | 2 June 2026 |
| 22,240 | 20 June 2027 | |
| 23,486 | 30 May 2028 | |
| 24,533 | 21 May 2029 | |
| 1 | Details of the Director / PDMR | |
| a) | Name | Nick Sanderson |
| 2 | Reason for the notification | |
| a) | Position/status | Group Chief Financial Officer / Director |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer | |
| a) | Name | Savills plc |
| b) | LEI | 213800WXICGMBWHTA933 |
| a) | Description of the financial instrument, type of instrument Identification code | Savills plc Ordinary shares of 2.5p GB00B135BJ46 |
| b) | Nature of the transaction | Grant of share awards over ordinary shares pursuant to a bespoke buy-out award arrangement |
| c) | Price(s) and volume(s) | Price(s) Volume(s) nil consideration 88,474 |
| d) | Aggregated information - Volume - Price - Total | n/a |
| e) | Date of the transaction | 21 May 2026 |
| f) | Place of the transaction | Outside a trading venue |
Name of contact and telephone number for queries:
Chris Lee
Group Legal Director & Company Secretary
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.