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 | Rajiv Sharma | |
| 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 | 1,770,247 |
| e) | Aggregated information |
1,770,247 n/a | |
| f) | Date of the transaction | 5 March 2021
| |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
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| Enquiry details |
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| 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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