Director/PDMR Shareholding

RNS Number : 3558Z

SAGA PLC

09 January 2020

 

9 January 2020

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 ("PDMRs") in Ordinary Shares of 1 pence each in the Company ("Shares") on 6 January 2020.

Long Term Incentive Plan ("LTIP")

On 6 January 2020, the Company granted an award (in the form of nil-cost options) over Shares under the LTIP ("LTIP Award") as set out in column 3 of the table below. The number of Shares subject to the LTIP Award has been determined by reference to the mid-market price of a Share on Friday, 3 January 2020 (51.70 pence per Share).

1. Name	2. Status	3. No of Shares subject to LTIP award	5. Lapse Date
Euan Sutherland	Director/PDMR	1,353,965	6 January 2030

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Euan Sutherland
2	Reason for the notification
a)	Position/status	Director, Group Chief Executive 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 Identification code	Ordinary shares of 1p
		GB00BLT1Y088
b)	Nature of the transaction	Awards made pursuant to the Saga plc Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£nil	1,353,965
d)	Aggregated information - Aggregated volume - Price	Aggregated volume:    n/a
e)	Date of the transaction	6 January 2020
f)	Place of the transaction	Outside of trading venue

 

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