SAGA PLC Response to Media Coverage
26 Enero 2024 - 1:00AM
RNS Regulatory News
RNS Number : 9829A
SAGA PLC
26 January 2024
26th January 2024
Saga
plc
Response
to Media Coverage
Saga plc (Saga or the Group) notes recent media
coverage. Saga is committed to providing best-in-class
products and services to its customers across all its businesses.
The Board is exploring opportunities to optimise Saga's operational
and strategic position in Cruise, where exceptional demand for its
boutique ocean cruise offer means it is operating at close to
capacity. It has concluded that a partnership arrangement for Ocean
Cruise would be consistent with Group strategy to move to a
capital-light business model to support further growth and
crystalise value, reduce debt and enhance long-term returns for
shareholders.
No decision has yet been made and
there can be no certainty that any partnership agreement will
occur. A further announcement will be made in due course, as
appropriate.
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END
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