SAGA PLC

Remuneration Information • Nov 2, 2023

National Storage Mechanism | Additional information

RNS Number : 2400S

SAGA PLC

02 November 2023

2 NOVEMBER 2023

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 15 pence each in the Company (Shares).

GRANT OF AWARDS UNDER THE SAGA PLC 2023 RESTRICTED SHARE PLAN

On 1 November 2023, the following award was granted over the Company's Shares under the Saga plc 2023 Restricted Share Plan (the RSP) to the following director / PDMR of the Company.

Name	Status	Number of Ordinary Shares under RSP Award	Award Price
Mike Hazell	Director / PDMR	210,068	£ Nil

No consideration was paid for the grant of the RSP Awards which are structured as nil cost options. The number of Ordinary Shares granted under each RSP Award has been calculated using the historic Ordinary Share price on 12 July 2022 of 174.8 pence per share which was used for the July 2022 Restricted Share Plan award.  

The normal vesting date of the RSP Award will be 1 November 2026, being the third anniversary of the award date.  Once vested, the RSP Award will normally be exercisable until the day before the tenth anniversary of the award date.  The RSP Award is subject to a two-year holding period commencing on vesting.

The RSP Award will ordinarily vest after three years subject to the grantee's continued service and a discretionary underpin that allows the Remuneration Committee to make adjustments to the level of vesting if the Committee believes due to business performance, individual performance or wider Company considerations that the vesting should be adjusted.  This will include consideration of all relevant factors, including any windfall gains.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mike Hazell
2.	Reason for the notification
a)	Position / status	Director, Group Chief Financial 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 Identification code	Ordinary shares of 15 pence
GB00BMX64W89
b)	Nature of transaction	Grant of nil cost option under the Saga plc 2023 Restricted Share Plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
1.   £nil	210,068
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	1 November 2023
f)	Place of the transaction	Outside of trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFLFSSLFLFIIV