Director/PDMR Shareholding

RNS Number : 3707R
Coats Group PLC
05 March 2021
 

5 March 2021

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

Jacqueline Callaway 

b)

Position/status

Executive Director

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 Long Term Incentive Plan ("LTIP").  The award vests on 6 March 2024 subject to the satisfaction of performance conditions measured over a three year performance period commencing on 1 January 2021 relating to performance targets relating to realised earnings per share in 2023, total shareholder return, cumulative free cash flow and sustainability objectives. 

d)

Price(s) and volume(s)

Price(s)

Volume(s)



Nil

942,148

e)

Aggregated information
- Aggregated volume
- Price

 

942,148

n/a

f)

Date of the transaction

5 March 2021 

 

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

_________________________________________________________________________________

Enquiry details

 

 

 

Investors

Victoria Huxster

Coats Group plc

+44 (0)7880 471350

Media

Richard Mountain / Nick Hasell

FTI Consulting

+44 (0)20 3727 1374

_________________________________________________________________________________

 

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