Issue of Equity

Released : 05 Jul 2017 10:15

RNS Number : 1796K
SAGA PLC
05 July 2017
 

5 July 2017

Saga plc

("Saga" or the "Company")

Issue of equity

Saga plc has issued 2,290,014 new ordinary shares of 1 penny each in the Company for transfer into an employee benefit trust to satisfy employee incentive arrangements. The newly issued shares will rank pari passu with existing Saga shares.

Applications have been made to the Financial Conduct Authority for the listing of the shares on the Official List and to the London Stock Exchange for admission of the shares to trading on the Main Market. The new shares are expected to be admitted to trading at 8 a.m. on 10 July 2017.

Following this issue, the Company's total issued share capital comprises 1,120,295,419 ordinary shares of 1 penny each, of which zero shares are held in treasury. Therefore, the total number of voting rights in Saga plc is 1,120,295,419; this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Saga under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries

Saga plc

Enbrook Park

Sandgate

Folkestone

Kent

CT20 3SE

Vicki Haynes

Company Secretary

01303 771 199

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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