Director/PDMR Shareholding

RNS Number : 4321F

SAGA PLC

12 July 2019

 

12 July 2019

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 11 July 2019.

Deferred Bonus Plan ("DBP")

On 11 July 2019, the Company granted awards (in the form of nil-cost options) over Shares under the DBP as set out in column 3 of the below table. The number of Shares has been determined by reference to the price of a Share on Monday 25 March 2019 (110.5 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2018/19 that they are required to defer into shares.  The shares are subject to a three-year holding period (11 July 2019 to 10 July 2022).

1. Name	2. Status	3. No of Shares
Lance Batchelor	Director/PDMR	328,661
James Quin	Director/PDMR	7,748
Stuart Beamish	PDMR	37,784
Julius Christmas	PDMR	35,381
Gary Duggan	PDMR	84,958
Robin Shaw	PDMR	51,475

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.    Lance Batchelor 2.    James Quin 3.    Stuart Beamish 4.    Julius Christmas 5.    Gary Duggan 6.    Robin Shaw
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
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 1 pence
		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	1.    328,661 2.    7,748 3.    37,784 4.    35,381 5.    84,958 6.    51,475
d)	Aggregated information - Aggregated volume - Price	Aggregated volume:    n/a
e)	Date of the transaction	11 July 2019
f)	Place of the transaction	Outside of trading venue

 

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