REG - SAGA Plc - Director/PDMR Shareholding

SagaAnnouncement

Thu 16:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260423:nRSW7242Ba&default-theme=true

RNS Number : 7242B  SAGA PLC  23 April 2026

23 April 2026

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 plc 2026 Restricted Share Plan (RSP)

On 22 April 2026, the Company granted awards (in the form of nil-cost options)
over Shares under the Saga plc 2026 RSP as set out in column 3 of the below
table.

 1. Name       2. Status      3. No of Shares
 Mike Hazell   Director/PDMR  111,019
 Mark Watkins  Director/PDMR  59,315

 

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 weighted average price of a Share on 15
April 2026 (630.5 pence per Share).

The normal vesting date of the RSP Awards will be 22 April 2029, 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 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 2024 Restricted Share Plan.
 c)  Price(s) and volume(s)                                       Price(s)                           Volume(s)
     1. £nil                                                                                         1. 111,019

     2. £nil                                                                                         2. 59,315
 d)  Aggregated information

     - Aggregated volume                                           n/a

     - Price
 e)  Date of the transaction                                      22 April 2026
 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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFSESLIVFIR



            Copyright 2019 Regulatory News Service, all rights reserved