Director/PDMR Shareholding
In brief · summary, not quotable
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.
Full announcement
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| 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 | |
| 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 | |
| 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 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.