Market purchase by the Company's SIP Trustee

RNS Number : 0363G

SAGA PLC

18 July 2019

 

18 July 2019

Saga plc

("Saga" or the "Company")

Market purchase of Company shares by the Company's Share Incentive Plan Trustee

Saga plc confirms that on 17 July 2019 Link Market Services Trustees (Nominees) Limited, acting as trustee of the Saga plc Share Incentive Plan Trustee (the 'Trustee'), completed the purchase in the market of a total of 2,035,246 Ordinary shares of nominal value 1 penny each in the capital of the Company. The purchase took place on 17 July 2019 and the share price was £0.462 per share.

Immediately following the above transaction, the Trustee held 2,035,246 Ordinary shares, representing 0.18% of the Company's issued share capital with voting rights. All shares held by the Trustee will ultimately be used to satisfy share awards and options granted under the Company's all-employee and executive share plans. 

The Executive Directors and Persons Discharging Managerial Responsibility ("PDMR's") of the Company, together with other employees, are included in the potential beneficiaries of the Trustee and are therefore treated as having an interest in some of those shares and the dealings thereof.

The Company's issued ordinary share capital consists of 1,122,003,328 Ordinary shares of 1 penny each.

Enquiries

Saga plc Enbrook Park Sandgate Folkestone Kent CT20 3SE

Vicki Haynes Company Secretary 01303 771 199

 

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