---
title: "Saga Grants Deferred Bonus Share Awards to CEO and CFO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283863833.md"
description: "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."
datetime: "2026-04-23T15:42:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283863833.md)
  - [en](https://longbridge.com/en/news/283863833.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283863833.md)
---

# Saga Grants Deferred Bonus Share Awards to CEO and CFO

### Claim 30% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Saga plc ( (GB:SAGA) ) has shared an update.

Saga plc has granted nil-cost share options to its chief executive, Mike Hazell, and chief financial officer, Mark Watkins, under its Deferred Bonus Plan, converting part of their 2025/26 annual bonuses into equity. Hazell received rights over 48,769 shares and Watkins over 27,259 shares, calculated using the mid-April weighted average share price.

The awards, which must be held for three years until April 2029, strengthen the alignment between the top executives’ remuneration and shareholder value over the medium term. By enforcing a multi-year holding period, the company reinforces a governance framework that ties management incentives to the sustained performance of Saga’s shares rather than short-term results.

The most recent analyst rating on (GB:SAGA) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Saga plc stock, see the GB:SAGA Stock Forecast page.

**Spark’s Take on SAGA Stock**

According to Spark, TipRanks’ AI Analyst, SAGA is a Neutral.

The score is driven primarily by improving fundamentals (revenue rebound, restored profitability, and strong free cash flow) and strong technical momentum with the stock trading well above major moving averages. This is tempered by significant balance-sheet leverage and weaker valuation clarity due to a negative P/E, while the latest earnings call adds support via improving leverage metrics and positive segment momentum.

To see Spark’s full report on SAGA stock, click here.

**More about Saga plc**

Saga plc operates in the U.K. consumer services sector, focusing on products and services tailored to people over 50, including insurance, travel, and personal finance offerings. The group positions itself as a specialist brand serving older customers, seeking to build loyalty through integrated, age-focused services and membership propositions.

**Average Trading Volume:** 829,177

**Technical Sentiment Signal:** Buy

**Current Market Cap:** £901.8M

Learn more about SAGA stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [SAGA.UK](https://longbridge.com/en/quote/SAGA.UK.md)

## Related News & Research

- [Saga's (SAGA) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft](https://longbridge.com/en/news/283004260.md)
- [Saga Pure publishes nomination committee recommendation ahead of May AGM](https://longbridge.com/en/news/286956246.md)
- [Saga Metals confirms significant continuous magnetic anomaly at Radar critical minerals project in Labrador](https://longbridge.com/en/news/287211263.md)
- [World is more vulnerable to pandemics despite Covid-19 lessons, warns WHO](https://longbridge.com/en/news/286895865.md)
- [09:03 ET9 in 10 Organizations Say Power Availability Now Dictates Where They Deploy AI](https://longbridge.com/en/news/286775990.md)