REG - Coats Group PLC - Director/PDMR Shareholding

CoatsAnnouncement

06/09/2024 14:00

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RNS Number : 2844D  Coats Group PLC  06 September 2024

6 September 2024

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                                              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  Nil-cost option to acquire ordinary shares of £0.05 per share nominal value

     Identification code

                                                                  GB00B4YZN328

 b)  Nature of the transaction                                    One-off award of nil cost share option under the terms of the Coats Group plc
                                                                  Long Term Incentive Plan ("LTIP") to partially compensate for a lost award
                                                                  incurred as a result of David Paja leaving his previous employment and joining
                                                                  Coats Group plc.
 c)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)
     Nil                                                                                                    1,009,693
 d)  Aggregated information

     ·      - Aggregated volume                                   1,009,693

     ·      - Price                                               n/a
 e)  Date of the transaction                                      2024-09-06

 f)  Place of the transaction                                     Outside a trading venue

 

 

 Enquiry details

 Investors  Chris Dyett                     Coats Group plc  +44 (0)797 497 4690
 Media      Richard Mountain / Nick Hasell  FTI Consulting   +44 (0)20 3727 1374

 

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