Coats Group plc (GB:COA) has released an update.
Coats Group plc has announced that Executive Director David Paja has been awarded a one-off nil-cost share option as part of the company’s Long Term Incentive Plan (LTIP), which compensates for awards lost due to his departure from previous employment. The award consists of 1,009,693 options to acquire ordinary shares at no cost, and the transaction took place outside of a trading venue on September 6, 2024.
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