RNS Number : 2844D
Coats Group PLC
06 September 2024
 

A blue circle with white text Description automatically generated6 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

 

Identification code

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

 

 

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

·      - Price

 

1,009,693

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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