Last checked at 30 May 2017 14:54
30 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 26 May 2017.
Deferred Bonus Plan ("DBP")
On 26 May 2017, the Company granted awards (in the form of nil-cost options) over Shares under the DBP as set out in column 3 of the table below. The number of Shares has been determined by reference to the price of a Share on Thursday, 25 May 2017 (205.15 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2016/17 that they are required to defer into shares. The shares are subject to a three-year holding period (26 May 2017 to 25 May 2020).
1. Name | 2. Status | 3. No of Shares |
Lance Batchelor | Director/PDMR | 111,212 |
Jonathan Hill | Director/PDMR | 57,031 |
Andrew Button | PDMR | 22,661 |
Roger Ramsden | PDMR | 36,177 |
Karen Caddick | PDMR | 31,051 |
Matt Atkinson | PDMR | 38,849 |
Julius Christmas | PDMR | 20,729 |
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 Deferred Bonus 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. 111,212 2. 57,031 3. 22,661 4. 36,177 5. 31,051 6. 38,849 7. 20,729 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: n/a | |
e) | Date of the transaction | 26 May 2017 | |
f) | Place of the transaction | Outside of trading venue | |