REG - SAGA Plc - Director/PDMR Shareholding
RNS Number : 4306BSAGA PLC07 October 2020SAGA 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: 01303 771199
Enbrook Park
Sandgate
Folkestone
Kent
CT20 3SE
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