Savills PLC Directors Remuneration Report - Clarification (5837J)
27 Avril 2022 - 5:13PM
UK Regulatory
TIDMSVS
RNS Number : 5837J
Savills PLC
27 April 2022
Clarification in respect of the Directors' Remuneration
Report
The Company published its 2021 Annual Report and Accounts on 4
April 2022.
On page 134 of the 2021 Annual Report and Accounts within the
Directors' Remuneration Report, it is stated that in relation to
the Company's 2021 Performance Share Plan awards the one-third of
the awards subject to the satisfaction of Return on Capital
Employed targets has a maximum performance target requiring the
Company's ROCE to be 32.5% or more but this is incorrect. As
correctly stated in the Company's announcement issued on 25
November 2021 through the Regulatory News Service, the one-third of
the awards subject to the satisfaction of Return on Capital
Employed targets has a maximum performance target requiring the
Company's ROCE to be 25% or more.
The period over which the performance targets are measured runs
from 1 January 2021 to 31 December 2023. Actual performance against
these targets will be set out in the Company's 2023 Annual Report
and Accounts.
For further information, please contact:
Chris Lee
Group Legal Director & Company Secretary
020 3107 5431
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