Share Consolidation

RNS Number : 6256B

SAGA PLC

09 October 2020

 

FOR IMMEDIATE RELEASE

9 October 2020

Saga plc

Share Consolidation

Further to the Prospectus previously published on 11 September 2020, Saga plc (the "Company" or "Saga") updates that the Share Consolidation of 1 Consolidated Share of 15 pence nominal value for every 15 Ordinary Shares will become effective on 13 October 2020 rather than 12 October 2020 as previously communicated. The record date for the consolidation will also therefore be 6.00 p.m. on 12 October 2020 rather than 9 October 2020 as previously communicated.

It is expected that 139,594,769 Consolidated Shares of 15 pence each will be admitted to trading and dealings will commence on the London Stock Exchange at or around 8:00 a.m. on 13 October 2020.

Upon the Consolidation becoming effective, Saga's issued ordinary share capital will consist of 139,594,769 ordinary shares of 15 pence each and the total number of voting rights in Saga will be 139,594,769. This figure should be used by shareholders as the denominator for calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, Saga under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Capitalised terms not otherwise defined in the text of this announcement have the meanings given in the Company's Prospectus of 11 September 2020.

Enquiries

Saga plc

Vicki Haynes, Company Secretary       Tel: [phone]

Enbrook Park

Sandgate

Folkestone

Kent

CT20 3SE

 

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