Director/PDMR Shareholding

Summary by AI BETAClose X

Coats Group plc announced that Chief Executive Officer David Paja and Chief Financial Officer Hannah Nichols were awarded nil cost share options under the Deferred Annual Bonus Plan on March 16, 2026. Mr. Paja received 468,657 options, and Ms. Nichols received 135,915 options, both vesting after three years. These awards represent a proportion of their annual bonuses for the year ended December 31, 2025, with bonus targets already met, though subject to forfeiture and clawback provisions.

Disclaimer*

Coats Group PLC
17 March 2026
 

A blue circle with white text Description automatically generated17 March 2026

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

Chief Executive Officer and 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

Share award constituting a right to acquire Ordinary shares of £0.05

 

GB00B4YZN328

 

b)

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 2025 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 2025 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.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

DABP

 

 Nil

 

468,657  

d)

Aggregated information

·      - Aggregated volume

·      - Price

 

468,657

n/a

e)

Date of the transaction

2026-03-16

 

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Hannah Nichols

 

2

Reason for the notification

a)

Position/status

Chief Financial Officer and 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

Share award constituting a right to acquire Ordinary shares of £0.05

 

GB00B4YZN328

 

b)

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 2025 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 2025 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.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

DABP

 Nil

135,915

d)

Aggregated information

·      - Aggregated volume

·      - Price

 

135,915

n/a

e)

Date of the transaction

2026-03-16

 

f)

Place of the transaction

Outside a trading venue

 

Enquiry details

 

Investors

Chris Dyett

Coats Group plc

+44 (0)797 497 4690

Media

Nick Hasell

Victoria Hayns

 

FTI Consulting

+44 (0) 20 3727 1340

 

About Coats Group plc

 

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries. We deliver essential materials, components, and software solutions that help our customers grow, compete and win.

 

With over 250 years of industry expertise, we're shaping the future of the apparel and footwear supply chain through insight-led innovation, impactful sustainability practices, and digital technologies that unlock better product quality, efficiency and performance.

 

Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index. In 2025, we generated $1.5 billion in revenue and employed c.19,000 people worldwide - all united by a spirit of innovation, quality and service. Learn more at www.coats.com or follow us on LinkedIn.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Coats Group (COA)
UK 100

Latest directors dealings