COA
08/04/2015 08:43
RELINT
NOT PRICE SENSITIVE
REL: 0843 HRS Coats Group plc
RELINT: COA: Director/PDMR Shareholding
7 April 2015
Coats Group plc
Director/PDMR Shareholding
Notification of transactions of directors, persons discharging managerial
responsibility or connected persons
This notification is made in accordance with Disclosure Rule 3.1.4R(1)(a) of
the Disclosure Rules and Transparency Rules.
On 7 April 2015 the following persons discharging managerial responsibilities
listed below acquired an interest over ordinary shares of 0.05p pence each in
Coats Group plc in the form of nil cost share options under the terms of the
Coats Group plc Long Term Incentive Plan ('LTIP') and Deferred Annual Bonus
Plan ('DABP'). Both plans were approved by shareholders on 22 May 2014.
The LTIP awards vest following the announcement of results for the financial
year ending 31 December 2017, subject to the satisfaction of performance
conditions measured over a three year performance period commencing on 1
January 2015 relating to growth in attributable profit, total shareholder
return and free cash flow.
The DABP awards which represent a proportion of the annual bonus awarded in
respect of the year ended 31 December 2014 vest within three years from the
date of grant and are not subject to performance conditions but are subject
to certain forfeiture and claw back provisions in certain situations such as
personal misconduct or a misstatement of results.
The maximum number of shares which could vest under both plans are shown
opposite the name of each PDMR set out below:
Name Role Number of Share Options ('LTIP') Number of Share Options ('DABP')
Number of Share Options Total
Paul Forman PDMR 3,160,396 438,241 3,598,637
Richard Howes PDMR 2,079,207 279,651 2,358,858
Rajiv Sharma PDMR 2,687,266 482,925 3,170,191
Stuart Morgan
Company Secretary
7 April 2015
Enquiry details
UK media, Richard Mountain,+44 20 3727 1374
New Zealand and Australian media, Geoff Senescall, +64 9 309 5659
Investors, Jaideep Thatai,+44 20 8210 5086
End CA:00262834 For:COA Type:RELINT Time:2015-04-08 08:43:23
