Finance
Holiday group Saga's chairman boosts stake to 27% in company
Published by Global Banking & Finance Review®
Posted on April 11, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 11, 2025
1 min readLast updated: January 24, 2026
Saga's chairman Roger De Haan has increased his stake to 27%, reinforcing his investment in the company. Saga is focusing on travel and insurance services for those over 50.
(Reuters) - British holiday group Saga's biggest shareholder, chairman Roger De Haan, has raised his stake to 27%, a filing showed on Friday.
De Haan, the son of Saga founder Sidney De Haan, previously served as CEO, then sold the company in 2004.
He returned to the firm as non-executive chairman in 2020 and announced plans to invest up to 100 million pounds in Saga, representing a 26.40% stake, according to a regulatory filing published in October 2020.
Saga focuses on providing travel and insurance services to people over the age of 50. A regulatory filing from June 2024 showed that Dubai-based investor Eldose Babu had taken an 8% stake, making him Saga's second-largest shareholder.
Saga has been taking steps to return its core focus to travel as it navigates a year in which it expects costs to rise.
(Reporting by Yamini Kalia in Bengaluru; Editing by Krishna Chandra Eluri and Kevin Liffey)
The main topic is Roger De Haan increasing his stake in Saga to 27%.
Roger De Haan is the chairman and largest shareholder of Saga, previously serving as CEO.
Saga provides travel and insurance services primarily for people over the age of 50.
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