Director/PDMR Shareholding

RNS Number : 5969G

SAGA PLC

30 May 2017

 

30 May 2017

SAGA PLC ("THE COMPANY") - DIRECTOR/PDMR SHAREHOLDING

Pursuant to the notification obligations under article 19 of the Market Abuse Regulation, the Company hereby notifies the following changes in the interests of directors and persons discharging managerial responsibility ("PDMRs") in Ordinary Shares of 1 pence each in the Company ("Shares") on 26 May 2017.

Deferred Bonus Plan ("DBP")

On 26 May 2017, the Company granted awards (in the form of nil-cost options) over Shares under the DBP as set out in column 3 of the table below. The number of Shares has been determined by reference to the price of a Share on Thursday, 25 May 2017 (205.15 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2016/17 that they are required to defer into shares.  The shares are subject to a three-year holding period (26 May 2017 to 25 May 2020).

1. Name	2. Status	3. No of Shares
Lance Batchelor	Director/PDMR	111,212
Jonathan Hill	Director/PDMR	57,031
Andrew Button	PDMR	22,661
Roger Ramsden	PDMR	36,177
Karen Caddick	PDMR	31,051
Matt Atkinson	PDMR	38,849
Julius Christmas	PDMR	20,729

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   Lance Batchelor 2.   Jonathan Hill 3.   Andrew Button 4.   Roger Ramsden 5.   Karen Caddick 6.   Matt Atkinson 7.   Julius Christmas
2	Reason for the notification
a)	Position/status	1.   Director, Group Chief Executive Officer 2.   Director, Group Chief Financial Officer 3.   PDMR 4.   PDMR 5.   PDMR 6.   PDMR 7.   PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Saga plc
b)	LEI	2138004WWUJN94K2LH95
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, type of instrument Identification code	Ordinary shares of 0.01p
		GB00BLT1Y088
b)	Nature of the transaction	Awards made pursuant to the Saga plc Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £nil 2.  £nil 3.  £nil 4.  £nil 5.  £nil 6.  £nil 7.  £nil	1.   111,212 2.   57,031 3.   22,661 4.   36,177 5.   31,051 6.   38,849 7.   20,729
d)	Aggregated information - Aggregated volume - Price	Aggregated volume:    n/a
e)	Date of the transaction	26 May 2017
f)	Place of the transaction	Outside of trading venue

 

END

 

 

DSHLLFEVEFIIVID