Director/PDMR Shareholding

RNS Number : 2675C

SAGA PLC

16 October 2020

 

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

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 in the Company ("Shares").

16 October 2020

Capitalised terms not otherwise defined in this announcement have the meanings given to them in the Company's announcement of the launch of the Capital Raising on 10 September 2020.

Adjustments to options and awards under share schemes

On 2 October 2020, the Company announced that the Open Offer for qualifying shareholders to acquire New Shares in the Company at 12 pence per share had closed on 30 September 2020 in accordance with its terms.

Certain Directors and PDMRs of the Company hold awards of, or options to acquire, Ordinary Shares under certain Company share schemes. P ursuant to the notification obligations under Article 19 of the Market Abuse Regulation, the Company wishes to confirm the interests of its directors and PDMRs following the Open Offer and related adjustments to options and awards under its share schemes.

Open Offer related adjustment to options and awards

Name	Options subject to performance conditions		Options NOT subject to performance conditions
	Pre- Open Offer	Post- Open Offer	Pre- Open Offer	Post- Open Offer
Cheryl Agius1	-	-	1,636,594	1,797,044
Stuart Beamish	639,777	702,500	750,987	824,613
Julius Christmas	667,667	733,125	738,732	811,157
James Quin1	1,660,682	1,823,493	1,803,578	1,980,399
Nick Stace	-	-	554,323	608,668
Jane Storm	594,059	652,300	765,227	840,249
Euan Sutherland1	1,353,965	1,486,706	2,803,720	3,078,595
Helen Webb	242,416	266,182	470,025	516,106

¹   director

The interests of the directors and PDMRs immediately following the share consolidation of 1 Consolidated Share of 15   pence each for every 15 Existing Ordinary Shares of 1 pence   each are set out below:

Impact of consolidation of existing shareholdings

Name	Interest in shares - pre- consolidation	Interest in shares - post- consolidation
Cheryl Agius1	148,412	9,894
Stuart Beamish	915	61
Julius Christmas	1,439	95
Sir Roger De Haan1	552,833,333	36,855,555
Eva Eisenschimmel1	64,328	4,288
Julie Hopes1	66,293	4,419
Gareth Hoskin1	210,276	14,018
Orna NiChionna1	45,414	3,027
James Quin1	222,388	14,825
Euan Sutherland1	395,086	26,339
Helen Webb	722	48
Gareth Williams1	68,159	4,543

¹   director

Consolidation-related adjustment to options and awards

Name	Options subject to performance conditions		Options NOT subject to performance conditions
	Pre-consolidation	Post- consolidation	Pre-consolidation	Post- consolidation
Cheryl Agius1	-	-	1,797,044	119,801
Stuart Beamish	702,500	46,833	824,613	54,972
Julius Christmas	733,125	48,873	811,157	54,077
James Quin1	1,823,493	121,566	1,980,399	132,025
Nick Stace	-	-	608,668	40,577
Jane Storm	652,300	43,486	840,249	56,016
Euan Sutherland1	1,486,706	99,113	3,078,595	205,238
Helen Webb	266,182	17,745	516,106	34,406

¹   director

Contact:

Vicki Haynes

Company Secretary

Telephone:   [phone]

 

END

 

 

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