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Coats Group CEO Acquires Significant Shareholding

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Coats Group CEO Acquires Significant Shareholding

An update from Coats Group plc ( (GB:COA) ) is now available.

Coats Group plc announced a significant transaction involving its Chief Executive Officer and Executive Director, David Paja, who purchased 150,000 ordinary shares at a price of £0.8302762 per share, totaling £124,541.43. This transaction, conducted on the London Stock Exchange, reflects a potential vote of confidence in the company’s future prospects and may influence stakeholder perceptions regarding the company’s market positioning.

More about Coats Group plc

Coats Group plc operates within the textiles industry, primarily focusing on the production of industrial threads and consumer textiles. The company is known for its innovation in thread manufacturing and serves a global market with a strong emphasis on sustainability and quality.

YTD Price Performance: -11.65%

Average Trading Volume: 2,250,209

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.33B

See more data about COA stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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