Director/PDMR Shareholding

Coats

21/03/2025 14:21

RNS Number : 7284B

Coats Group PLC

21 March 2025

 

COATS GROUP PLC

LEI: 2138003SPYWGAITNFY17

 

21 March 2025

 

Director/PDMR shareholding

 

Coats Group plc (the "Company") announces that on 20 March 2025 that Jacqueline Callaway, Chief Financial Officer and a Person Discharging Managerial Responsibilities ("PDMR"), exercised nil-cost options over Ordinary Shares of 5 pence each ("Shares"). 

 

The nil-cost options were awarded on 5 March 2021 under the Company's Long-Term Incentive Plan and vested based on achievement against three-year performance conditions ending 31 December 2024.

 

 

Name
Title
Total number of Shares acquired on exercise of Awards (including Dividend Shares accrued at exercise)
Exercise Price
Number of Shares sold to satisfy Tax and National Insurance Liabilities and dealing costs, such Shares sold at a price per Share of 0.83109112 pence
Number of Shares retained
Resultant holding of ordinary shares held1
Jacqueline Callaway
Chief Financial Officer
1,000,328
Nil
472,040
528,288
861,777

 1. Excluding outstanding awards under the Company's Long-term Incentive Plan and Deferred Annual Bonus Plan.

 

The number of Shares retained will remain subject to the two year post vesting holding period and be held by the Corporate Nominee.

 

The notification below, which has been made in accordance with the requirement of the UK Market Abuse Regulation, provides further details.

 

Enquiry details
Investors
Anjali Kotak
Coats Group plc
+44 (0)7880 471350
Media
Richard Mountain / Nick Hasell
FTI Consulting
+44 (0)20 3727 1374

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Jacqueline Callaway
2
Reason for the notification
a)
Position/status
Chief Financial Officer and Executive Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
a)
Name
Coats Group plc
b)
LEI
2138003SPYWGAITNFY17
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Share award constituting a right to acquire Ordinary shares of £0.05
GB00B4YZN328
b)
Nature of the transaction
1) Exercise of options under the Coats Group plc Long Term Incentive Plan ("LTIP")
2) Sale of shares to cover tax liabilities
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1)Exercise of options under LTIP
Nil
1,000,328
2) Sale of shares to cover tax liabilities
0.83109112
472,040
d)
Aggregated information
· - Aggregated volume
· - Price
See above
See above
e)
Date of the transaction
2025-03- 20
f)
Place of the transaction
1) Outside a trading venue
2) London Stock Exchange (XLON)

 

 

 

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