SAGA.L

Saga Plc
SAGA Plc - Director/PDMR Shareholding
29th May 2024, 15:29
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RNS Number : 3349Q
SAGA PLC
29 May 2024
 

29 May 2024

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 (PDMR) in Ordinary Shares of 15 pence each in the Company (Shares).

Deferred Bonus Plan (DBP)

On 28 May 2024, 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 Friday 24 May 2024 (131.00 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2023/24 that they are required to defer into shares.  The shares are subject to a three-year holding period (28 May 2024 to 27 May 2027).

1. Name

2. Status

3. No of Shares

Mike Hazell

Director/PDMR

50,332

Mark Watkins

Director/PDMR

14,298

Steve Kingshott

Director/PDMR

47,716

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

1.     Mike Hazell

2.     Mark Watkins

3.     Steve Kingshott

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

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 15 pence

GB00BMX64W89

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

1.     50,332

2.     14,298

3.     47,176

d)

Aggregated information

- Aggregated volume

- Price

 

 n/a

e)

Date of the transaction

28 May 2024

f)

Place of the transaction

Outside of trading venue

 

Enquiries

Saga plc

3 Pancras Square

London

N1C 4AG

Vicki Haynes

Company Secretary

07803 602 139

 

 

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