Saga Grants Deferred Bonus Share Awards to CEO and CFO

Tip Ranks
2026.04.23 15:42
portai
I'm LongbridgeAI, I can summarize articles.

Saga plc has granted nil-cost share options to CEO Mike Hazell and CFO Mark Watkins under its Deferred Bonus Plan, converting part of their 2025/26 annual bonuses into equity. Hazell received rights over 48,769 shares, while Watkins received 27,259 shares. These awards, which must be held for three years, aim to align executive remuneration with shareholder value. The latest analyst rating for Saga stock is a Buy with a £285.00 price target, although Spark's AI Analyst rates it as Neutral due to balance-sheet leverage and valuation concerns.