Director/PDMR Shareholding
30/03/2026 11:15
RNS Number : 6489Y Coats Group PLC 30 March 2026 30 March 2026 Coats Group plc Director/PDMR Shareholding Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | David Paja | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Executive 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 | Grant of nil cost share options under the terms of the Coats Group plc Long Term Incentive Plan ("LTIP") the performance conditions are set out in the attached Appendix 1. | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| LTIP | Nil | 1,573,081 | ||
| d) | Aggregated information · - Aggregated volume · - Price | 1,573,081 n/a | ||
| e) | Date of the transaction | 2026-03-27 | ||
| f) | Place of the transaction | Outside a trading venue | ||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Hannah Nichols | |||
| 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 | Grant of nil cost share options under the terms of the Coats Group plc Long Term Incentive Plan ("LTIP") the performance conditions are set out in the attached Appendix 1. | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| LTIP | Nil | 849,573 | |||
| d) | Aggregated information · - Aggregated volume · - Price | 849,573 n/a | |||
| e) | Date of the transaction | 2026-03-27 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| Enquiry details | |||
| Investors | Chris Dyett | Coats Group plc | +44 (0)797 497 4690 |
| Media | Nick Hasell Victoria Hayns | FTI Consulting | +44 (0) 20 3727 1340 |
| Measure | Weighting (% of total award) | Definition1 |
| Coats Group plc Earnings Per Share Compound Annual Growth (CAGR) | 30% | The Compound Annual Growth (CAGR) in EPS achieved in the performance period. The Board will consider the CAGR in Normalised EPS which is EPS, adjusted to exclude exceptional items such as property gains or losses. |
| Cumulative FCF | 25% | The total free cash flow after interest, tax, minority interests and exceptionals, but before dividend distribution and M&A over 3 year performance period |
| Total Shareholder Return | 25% | The total returns to shareholders which includes share price growth and ordinary dividend payments. The performance condition is measured against a comparator group consisting of the FTSE250 minus investment trusts. |
| Sustainability | 20% | Achievement of 3 independent equally weighted Sustainability goals. |
| TOTAL | 100% |
| EPS CAGR (adjusted if necessary) | Threshold | Maximum |
| EPS CAGR in the period from 2026 to 2028. Measured from the 2025 base year | 4% | 12% |
| Vesting (The proportion of the award for this measure that vests) | 25% | 100% |
| Cumulative FCF | Threshold | Maximum |
| Cumulative FCF over the period 2026 to 2028 | $400m | $500m |
| Vesting (The proportion of the award for this measure that vests) | 25% | 100% |
| Total Shareholder Return | Threshold | Maximum |
| Ranking Position vs FTSE250 (excluding investment trusts) | Median | Upper Quartile |
| Vesting (The proportion of the award for this measure that vests) | 25% | 100% |
| Sustainability (all excluding OrthoLite) | Threshold | Maximum |
| Absolute reduction in Scope 1&2 emissions in tonnes from 2019 baseline | 58% | 68% |
| Absolute reduction in Scope 3 emissions in tonnes from 2019 baseline | 25% | 29% |
| Percentage of females in senior leadership roles | 34% | 38% |
| Vesting (The proportion of the award for this measure that vests) | 25% | 100% |