Last checked at 8 May 2017 14:32
8 May 2017
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 1 May 2017.
Long Term Incentive Plan ("LTIP")
On 1 May 2017, 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, 28 April 2017 (209.55 pence per Share).
1. Name | 2. Status | 3. No of Shares subject to LTIP award | 5. Lapse Date |
Lance Batchelor | Director/PDMR | 658,348 | 30 April 2027 |
Jonathan Hill | Director/PDMR | 303,853 | 30 April 2027 |
Andrew Button | PDMR | 99,298 | 30 April 2027 |
Roger Ramsden | PDMR | 173,772 | 30 April 2027 |
Karen Caddick | PDMR | 126,605 | 30 April 2027 |
Matt Atkinson | PDMR | 173,772 | 30 April 2027 |
Julius Christmas | PDMR | 95,442 | 30 April 2027 |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 1. Lance Batchelor 2. Jonathan Hill 3. Andrew Button 4. Roger Ramsden 5. Karen Caddick 6. Matt Atkinson 7. Julius Christmas
| |
2 | Reason for the notification | ||
a) | Position/status | 1. Director, Group Chief Executive Officer 2. Director, Group Chief Financial Officer 3. PDMR 4. PDMR 5. PDMR 6. PDMR 7. PDMR
| |
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 0.01p | |
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) |
1. £nil 2. £nil 3. £nil 4. £nil 5. £nil 6. £nil 7. £nil | 1. 658,348 2. 303,853 3. 99,298 4. 173,772 5. 126,605 6. 173,772 7. 95,442 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: n/a | |
e) | Date of the transaction | 1 May 2017 | |
f) | Place of the transaction | Outside of trading venue | |