Saga Director Increases Stake
Why we think this is neutral
This RNS announcement is related to a director increasing their shareholding in Saga plc. While this may indicate the director's confidence in the company, the announcement does not contain any specific financial or operational updates that would significantly impact the company's performance. Therefore, the overall sentiment is neutral.
Key Points
- Non-Executive Chairman Sir Roger De Haan has increased his stake in Saga plc
- His total interest in the company now represents 26.98% of the issued share capital
Summary
The non-executive chairman of the insurance and travel company has increased his stake, signaling confidence in the business.
Saga plc has announced that Sir Roger De Haan, the Non-Executive Chairman, has increased his shareholding in the company. Following the purchase of ordinary shares, Sir Roger De Haan's total interest in the company now represents 26.98% of the company's issued share capital.
DIRECTOR DEALINGS