Business
Market purchase by the Company's SIP Trustee
Market purchase by the Company's SIP Trustee.
About this update from Saga Plc
[{"type":"text","content":"\n \nRNS Number : 0363G SAGA PLC 18 July 2019 \n\n18 July 2019\nSaga plc\n(\"Saga\" or the \"Company\")\nMarket purchase of Company shares by the Company's Share Incentive Plan Trustee\n \nSaga plc confirms that on 17 July 2019 Link Market Services Trustees (Nominees) Limited, acting as trustee of the Saga plc Share Incentive Plan Trustee (the 'Trustee'), completed the purchase in the market of a total of 2,035,246 Ordinary shares of nominal value 1 penny each in the capital of the Company. The purchase took place on 17 July 2019 and the share price was £0.462 per share.\nImmediately following the above transaction, the Trustee held 2,035,246 Ordinary shares, representing 0.18% of the Company's issued share capital with voting rights. All shares held by the Trustee will ultimately be used to satisfy share awards and options granted under the Company's all-employee and executive share plans. \nThe Executive Directors and Persons Discharging Managerial Responsibility (\"PDMR's\") of the Company, together with other employees, are included in the potential beneficiaries of the Trustee and are therefore treated as having an interest in some of those shares and the dealings thereof.\nThe Company's issued ordinary share capital consists of 1,122,003,328 Ordinary shares of 1 penny each.\nEnquiries\n\n\n\nSaga plc\nEnbrook Park\nSandgate\nFolkestone\nKent\nCT20 3SE\n\n\nVicki Haynes\nCompany Secretary\n01303 771 199\n\n\n\n \n\nThis 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 [email protected] or visit www.rns.com. END POSCKFDNPBKDFOD\n ","length":2989,"tagName":"div"}]