RNS Number : 9042C
SAGA PLC
20 April 2017
 

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

The Company announces that on 19 April 2017, Jonathan Hill, Group Chief Financial Officer, exercised an award of 54,431 nil cost shares granted over Ordinary Shares of 1 pence each in the Company ("Shares") (including over associated dividend equivalent Shares) in the capital of the Company, which vested on 7th April 2017.  He has retained 29,748 shares, selling only sufficient to fund the tax and national insurance liabilities and administrative fees arising on exercise.

 

20 April 2017

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jonathan Hill

2

Reason for the notification

a)

Position/status

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; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 0.01p

GB00BLT1Y088

b)

Nature of the transaction

1)  The exercise of an option granted over Shares (including over associated dividend equivalent Shares);

2)  Partial sale of Shares to fund income tax and national contribution liability; and

3)  Retention of balance of Shares.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.  £nil

2.  £2.08

3.  £nil

1. 54,431

2. 24,683

3. 29,748

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:  

 

Exercise

 

Volume 54,431

Price £nil

Sale (to cover tax and administrative costs)

Volume 24,683

Price £2.08

Retain

Volume 29,748

Price £nil

 

e)

Date of the transaction

19 April 2017

f)

Place of the transaction

London Stock Exchange, Main Market

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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