SAGA PLC Share Consolidation (6256B)
October 09 2020 - 3:00AM
UK Regulatory
TIDMSAGA
RNS Number : 6256B
SAGA PLC
09 October 2020
FOR IMMEDIATE RELEASE
9 October 2020
Saga plc
Share Consolidation
Further to the Prospectus previously published on 11 September
2020, Saga plc (the "Company" or "Saga") updates that the Share
Consolidation of 1 Consolidated Share of 15 pence nominal value for
every 15 Ordinary Shares will become effective on 13 October 2020
rather than 12 October 2020 as previously communicated. The record
date for the consolidation will also therefore be 6.00 p.m. on 12
October 2020 rather than 9 October 2020 as previously
communicated.
It is expected that 139,594,769 Consolidated Shares of 15 pence
each will be admitted to trading and dealings will commence on the
London Stock Exchange at or around 8:00 a.m. on 13 October
2020.
Upon the Consolidation becoming effective, Saga's issued
ordinary share capital will consist of 139,594,769 ordinary shares
of 15 pence each and the total number of voting rights in Saga will
be 139,594,769. This figure should be used by shareholders as the
denominator for calculations by which they can determine if they
are required to notify their interest in, or a change to their
interest in, Saga under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
Capitalised terms not otherwise defined in the text of this
announcement have the meanings given in the Company's Prospectus of
11 September 2020.
Enquiries
Saga plc
Vicki Haynes, Company Secretary Tel: 01303 771199
Enbrook Park
Sandgate
Folkestone
Kent
CT20 3SE
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