Coats Group PLC Director/PDMR Shareholding
March 08 2024 - 7:25AM
RNS Regulatory News
RNS Number : 1958G
Coats Group PLC
08 March 2024
8
March 2024
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 2023 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 2023 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
|
505,345
|
|
e)
|
Aggregated information
- Aggregated volume
- Price
|
505,345
n/a
|
|
f)
|
Date of the transaction
|
7 March 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
|
|
|
|
|
Enquiry details
|
|
|
|
|
Investors
|
Julian Wais
|
Coats Group plc
|
+44 (0)797 497 4690
|
|
|
|
|
|
|
Media
|
Richard Mountain / Nick
Hasell
|
FTI Consulting
|
+44 (0)20 3727 1374
|
|
|
|
|
|
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END
DSHUWUURSOUORAR
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