REG - SAGA Plc - Director/PDMR Shareholding
RNS Number : 7253OSAGA PLC02 June 20202 June 2020
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").
Deferred Bonus Plan ("DBP")
On 28 May 2020, 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 Wednesday 27 May 2020 (22.26 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2019/20 that they are required to defer into shares. The shares are subject to a three-year holding period (28 May 2020 to 28 May 2023).
1. Name
2. Status
3. No of Shares
Euan Sutherland
Director/PDMR
87,534
James Quin
Director/PDMR
462,682
Cheryl Agius
Director/PDMR
36,735
Jane Storm
PDMR
100,039
Stuart Beamish
PDMR
203,226
Julius Christmas
PDMR
190,334
Robin Shaw
PDMR
257,031
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
1. Euan Sutherland
2. James Quin
3. Cheryl Agius
4. Jane Storm
5. Stuart Beamish
6. Julius Christmas
7. Robin Shaw
2
Reason for the notification
a)
Position/status
1. Director, Group Chief Executive Officer
2. Director, Group Chief Financial Officer
3. Director, CEO of Insurance
4. PDMR
5. PDMR
6. PDMR
7. 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
7. £nil
1. 87,534
2. 462,682
3. 36,735
4. 100,039
5. 203,226
6. 190,334
7. 257,031
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
28 May 2020
f)
Place of the transaction
Outside of trading venue
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