REG - SAGA Plc - Director/PDMR Shareholding

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RNS Number : 6107O  SAGA PLC  26 June 2025

26 June 2025

Saga plc

Director/PDMR Shareholding

Pursuant to the notification obligations under Article 19 of the Market Abuse
Regulation, Saga plc (Saga or the Company) hereby notifies the following
changes in the interests of directors and persons discharging managerial
responsibility (PDMRs) in Ordinary Shares of 15 pence each in the Company
(Shares).

Grant of Awards under the Saga 2025 Restricted Share Plan (RSP)

On 25 June 2025, the Company granted awards (in the form of nil-cost options)
over Shares under the Saga 2025 RSP as set out in column 3 of the below table.

 1. Name       2. Status      3. No of Shares
 Mike Hazell   Director/PDMR  350,227
 Mark Watkins  Director/PDMR  199,672

 

No consideration was paid for the grant of the RSP Awards which are structured
as nil cost options. The number of Shares granted under each RSP award has
been determined by reference to the price of a Share on Tuesday 24 June 2025
(175.6 pence per Share).

The normal vesting date of the RSP Awards will be 25 June 2028, being the
third anniversary of the award date.  Once vested, the RSP Awards will
normally be exercisable until the day before the tenth anniversary of the
award date.  The RSP Awards are subject to a two-year holding period
commencing on vesting.

The RSP Awards will ordinarily vest after three years subject to the grantee's
continued service and a discretionary underpin that allows the Company's
Remuneration Committee (the Committee) to make adjustments to the level of
vesting if the Committee believes due to business performance, individual
performance or wider Company considerations that the vesting should be
adjusted.  This will include consideration of all relevant factors, including
any windfall gains.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         1.     Mike Hazell

                                                                  2.     Mark Watkins
 2   Reason for the notification
 a)  Position/status                                              1.     Director, Group Chief Executive Officer

                                                                  2.     Director, Group Chief Financial Officer
 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  Ordinary shares of 15 pence

     Identification code
                                                                  GB00BMX64W89
 b)  Nature of the transaction                                    Awards made pursuant to the Saga plc 2025 Restricted Share Plan.
 c)  Price(s) and volume(s)                                       Price(s)                           Volume(s)
     1.   £nil                                                                                       1.     350,227

     2.   £nil                                                                                       2.     199,672
 d)  Aggregated information

     - Aggregated volume                                           n/a

     - Price
 e)  Date of the transaction                                      25 June 2025
 f)  Place of the transaction                                     Outside of trading venue

 

Enquiries

 Saga plc           Vicki Haynes

 3 Pancras Square   Company Secretary

 London             07803 602 139

 N1C 4AG

 

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