REG - SAGA Plc - Director/PDMR Shareholding
RNS Number : 2675CSAGA PLC16 October 2020SAGA PLC (THE "COMPANY") - DIRECTOR/PDMR SHAREHOLDING(S)
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 in the Company ("Shares").
16 October 2020
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.
Adjustments to options and awards under share schemes
On 2 October 2020, the Company announced that the Open Offer for qualifying shareholders to acquire New Shares in the Company at 12 pence per share had closed on 30 September 2020 in accordance with its terms.
Certain Directors and PDMRs of the Company hold awards of, or options to acquire, Ordinary Shares under certain Company share schemes. Pursuant to the notification obligations under Article 19 of the Market Abuse Regulation, the Company wishes to confirm the interests of its directors and PDMRs following the Open Offer and related adjustments to options and awards under its share schemes.
Open Offer related adjustment to options and awards
Name
Options subject to performance conditions
Options NOT subject to performance conditions
Pre- Open Offer
Post- Open Offer
Pre- Open Offer
Post- Open Offer
Cheryl Agius1
-
-
1,636,594
1,797,044
Stuart Beamish
639,777
702,500
750,987
824,613
Julius Christmas
667,667
733,125
738,732
811,157
James Quin1
1,660,682
1,823,493
1,803,578
1,980,399
Nick Stace
-
-
554,323
608,668
Jane Storm
594,059
652,300
765,227
840,249
Euan Sutherland1
1,353,965
1,486,706
2,803,720
3,078,595
Helen Webb
242,416
266,182
470,025
516,106
1 director
The interests of the directors and PDMRs immediately following the share consolidation of 1 Consolidated Share of 15 pence each for every 15 Existing Ordinary Shares of 1 pence each are set out below:
Impact of consolidation of existing shareholdings
Name
Interest in shares - pre- consolidation
Interest in shares - post- consolidation
Cheryl Agius1
148,412
9,894
Stuart Beamish
915
61
Julius Christmas
1,439
95
Sir Roger De Haan1
552,833,333
36,855,555
Eva Eisenschimmel1
64,328
4,288
Julie Hopes1
66,293
4,419
Gareth Hoskin1
210,276
14,018
Orna NiChionna1
45,414
3,027
James Quin1
222,388
14,825
Euan Sutherland1
395,086
26,339
Helen Webb
722
48
Gareth Williams1
68,159
4,543
1 director
Consolidation-related adjustment to options and awards
Name
Options subject to performance conditions
Options NOT subject to performance conditions
Pre-consolidation
Post- consolidation
Pre-consolidation
Post- consolidation
Cheryl Agius1
-
-
1,797,044
119,801
Stuart Beamish
702,500
46,833
824,613
54,972
Julius Christmas
733,125
48,873
811,157
54,077
James Quin1
1,823,493
121,566
1,980,399
132,025
Nick Stace
-
-
608,668
40,577
Jane Storm
652,300
43,486
840,249
56,016
Euan Sutherland1
1,486,706
99,113
3,078,595
205,238
Helen Webb
266,182
17,745
516,106
34,406
1 director
Contact:
Vicki Haynes
Company Secretary
Telephone: 01303 771199
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