Director's Dealing • Apr 20, 2017
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 9042C
SAGA PLC
20 April 2017
SAGA PLC ("THE COMPANY") - DIRECTOR/PDMR SHAREHOLDING
The Company announces that on 19 April 2017, Jonathan Hill, Group Chief Financial Officer, exercised an award of 54,431 nil cost shares granted over Ordinary Shares of 1 pence each in the Company ("Shares") (including over associated dividend equivalent Shares) in the capital of the Company, which vested on 7th April 2017. He has retained 29,748 shares, selling only sufficient to fund the tax and national insurance liabilities and administrative fees arising on exercise.
20 April 2017
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Jonathan Hill | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director | |
| 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 | 1) The exercise of an option granted over Shares (including over associated dividend equivalent Shares); 2) Partial sale of Shares to fund income tax and national contribution liability; and 3) Retention of balance of Shares. |
|
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1. £nil 2. £2.08 3. £nil |
1. 54,431 2. 24,683 3. 29,748 |
||
| d) | Aggregated information - Aggregated volume - Price |
Aggregated volume: Exercise Volume 54,431 Price £nil Sale (to cover tax and administrative costs) Volume 24,683 Price £2.08 Retain Volume 29,748 Price £nil |
|
| e) | Date of the transaction | 19 April 2017 | |
| f) | Place of the transaction | London Stock Exchange, Main Market |
This information is provided by RNS
The company news service from the London Stock Exchange
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