RNS Number : 4321F
SAGA PLC
12 July 2019
 

12 July 2019

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

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 of 1 pence each in the Company ("Shares") on 11 July 2019.

 

Deferred Bonus Plan ("DBP")

On 11 July 2019, the Company granted awards (in the form of nil-cost options) over Shares under the DBP as set out in column 3 of the below table. The number of Shares has been determined by reference to the price of a Share on Monday 25 March 2019 (110.5 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2018/19 that they are required to defer into shares.  The shares are subject to a three-year holding period (11 July 2019 to 10 July 2022).

 

1. Name

2. Status

3. No of Shares

Lance Batchelor

Director/PDMR

328,661

James Quin

Director/PDMR

7,748

Stuart Beamish

PDMR

37,784

Julius Christmas

PDMR

35,381

Gary Duggan

PDMR

84,958

Robin Shaw

PDMR

51,475

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

1.    Lance Batchelor

2.    James Quin

3.    Stuart Beamish

4.    Julius Christmas

5.    Gary Duggan

6.    Robin Shaw

2

Reason for the notification

a)

Position/status

1.    Director, Group Chief Executive Officer

2.    Director, Group Chief Financial Officer

3.    PDMR

4.    PDMR

5.    PDMR

6.    PDMR

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 1 pence

GB00BLT1Y088

b)

Nature of the transaction

Awards made pursuant to the Saga plc Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.   £nil

2.   £nil

3.   £nil

4.   £nil

5.   £nil

6.   £nil

1.    328,661

2.    7,748

3.    37,784

4.    35,381

5.    84,958

6.    51,475

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:  

 n/a

e)

Date of the transaction

11 July 2019

f)

Place of the transaction

Outside of trading venue

 


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