Last checked at 3 Mar 2023 12:17
3 March 2023
Coats Group plc
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Rajiv Sharma | |
b) | Position/status | Chief Executive Officer | |
c) | Initial notification/ Amendment | Initial notification | |
2 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Full name of entity | Coats Group plc | |
b) | Legal Entity Identifier Code | 2138003SPYWGAITNFY17 | |
3 | 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
| |
b) | Identification code/ ISIN | GB00B4YZN328 | |
c) | Nature of the transaction | Award of nil cost share options under the terms of the Coats Group plc Deferred Annual Bonus Plan ("DABP") as set out below: The DABP awards represent a proportion of the annual bonus awarded for the year ended 31 December 2022 and vest after 3 years from the date of the award. DABP awards are not subject to performance conditions, as the bonus targets in respect of 2022 have already been met, but awards are subject to certain forfeiture and clawback provisions in certain situations such as personal misconduct or a misstatement of results. | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil
| 540,688 | ||
e) | Aggregated information- Aggregated volume- Price |
540,688 n/a | |
f) | Date of the transaction | 3 March 2023
| |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
Enquiry details
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Investors | Chris Dyett | Coats Group plc | +44 (0)797 497 4690 |
Media | Richard Mountain / Nick Hasell | FTI Consulting | +44 (0)20 3727 1374 |