Director/PDMR Shareholding

RNS Number : 4306B

SAGA PLC

07 October 2020

 

SAGA PLC ("THE COMPANY")

Notification of Interest of Directors/Persons Discharging Managerial Responsibilities ("PDMRs")

7 October 2020

Further to the Company's announcement on 2 October 2020 of the results of the Open Offer, and pursuant to the notification obligations under Article 19 of the Market Abuse Regulation, the Company announces that New Shares were issued to its Directors pursuant to the Capital Raising.

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.

The information contained in this announcement reflects the participation in the Capital Raising of Sir Roger De Haan and the take up of entitlements to subscribe for New Shares under the Open Offer by the Directors and PDMRs of the Company and updates information relating to interests in Ordinary Shares published by the Company in previous announcements and in the Prospectus published by the Company on 11 September 2020.

The interests of Sir Roger De Haan and his connected persons in Ordinary Shares immediately following the Capital Raising are set out below:

Name	Number of First Firm Placing Shares issued	First Firm Placing Price	Number of Second Firm Placing Shares issued	Second Firm Placing Price	Number of New Shares in the Placing and Open Offer issued	Open Offer Price	Number of Ordinary Shares - post-Capital Raising
Sir Roger De Haan	224,400,000	27 pence per First Firm Placing Share	124,183,026	12 pence per Second Firm Placing Share	204,250,307	12 pence per New Share	552,833,333

The interests of the Directors (other than Sir Roger De Haan) and their connected persons in Ordinary Shares immediately following the Placing and the Open Offer and the issue of Open Offer Shares at a price of 12 pence per Open Offer Share are set out below:

Name	Number of Ordinary Shares - pre-Placing and Open Offer	Number of Open Offer Shares issued	Number of Ordinary Shares - post-Placing and Open Offer
Cheryl Agius	95,408	53,004	148,412
Eva Eisenschimmel	41,354	22,974	64,328
Julie Hopes	42,617	23,676	66,293
Gareth Hoskin	135,178	75,098	210,276
Orna NiChionna	29,195	16,219	45,414
James Quin	142,964	79,424	222,388
Euan Sutherland	253,984	141,102	395,086
Gareth Williams	43,817	24,342	68,159

The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation:

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		Sir Roger De Haan
2.	Reason for the notification
a)	Position/status		Chairman
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; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares ISIN: GB00BLT1Y088
b)	Nature of the transaction	Subscription of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.27 224,400,000 £0.12 124,183,026 £0.12 204,250,307
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) Total Aggregate Price £0.27 224,400,000 £60,588,000.00 £0.12 124,183,026 £14,901,963.12 £0.12 204,250,307 £24,510,036.84
e)	Date of the transaction	2020-10-05
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.	Details of the person(s) discharging managerial responsibilities/ person closely associated
a)	Name		1. Cheryl Agius 2. Eva Eisenschimmel 3. Julie Hopes 4. Gareth Hoskin 5. Orna NiChionna 6. James Quin 7. Euan Sutherland 8. Gareth Williams
2.	Reason for the notification
a)	Position/status		This notification concerns persons discharging managerial responsibilities as follows: 1. Chief Executive Officer of Insurance 2. Non-Executive Director 3. Non-Executive Director 4. Non-Executive Director 5. Senior Independent Non-Executive Director 6. Group Chief Financial Officer 7. Group Chief Executive Officer 8. Non-Executive Director
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; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares ISIN: GB00BLT1Y088
b)	Nature of the transaction	Subscription of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. £0.12 2. £0.12 3. £0.12 4. £0.12 5. £0.12 6. £0.12 7. £0.12 8. £0.12 1. 53,004 2. 22,974 3. 23,676 4. 75,098 5. 16,219 6. 79,424 7. 141,102 8. 24,342
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) Total Aggregate Price 1. £0.12 2. £0.12 3. £0.12 4. £0.12 5. £0.12 6. £0.12 7. £0.12 8. £0.12 1. 53,004 2. 22,974 3. 23,676 4. 75,098 5. 16,219 6. 79,424 7. 141,102 8. 24,342 1.  £6,360.48 2.  £2,756.88 3.  £2,841.12 4.  £9,011.76 5.  £1,946.28 6.  £9,530.88 7.  £16,932.24 8.  £2,921.04
e)	Date of the transaction	2020-10-05
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Enquiries

Saga plc

Vicki Haynes, Company Secretary               Tel: [phone]

Enbrook Park

Sandgate

Folkestone

Kent

CT20 3SE

 

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