Director/PDMR Shareholding

RNS Number : 7253O

SAGA PLC

02 June 2020

 

2 June 2020

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").

Deferred Bonus Plan ("DBP")

On 28 May 2020, 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 Wednesday 27 May 2020 (22.26 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2019/20 that they are required to defer into shares.  The shares are subject to a three-year holding period (28 May 2020 to 28 May 2023).

1. Name	2. Status	3. No of Shares
Euan Sutherland	Director/PDMR	87,534
James Quin	Director/PDMR	462,682
Cheryl Agius	Director/PDMR	36,735
Jane Storm	PDMR	100,039
Stuart Beamish	PDMR	203,226
Julius Christmas	PDMR	190,334
Robin Shaw	PDMR	257,031

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.  Euan Sutherland 2.  James Quin 3.  Cheryl Agius 4.  Jane Storm 5.  Stuart Beamish 6.  Julius Christmas 7.  Robin Shaw
2	Reason for the notification
a)	Position/status	1.  Director, Group Chief Executive Officer 2.  Director, Group Chief Financial Officer 3.  Director, CEO of Insurance 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 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 7.  £nil	1.  87,534 2.  462,682 3.  36,735 4.  100,039 5.  203,226 6.  190,334 7.  257,031
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	28 May 2020
f)	Place of the transaction	Outside of trading venue

 

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