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Coats Group PLC

Share Issue/Capital Change Mar 2, 2020

4606_rns_2020-03-02_53f4e038-8feb-4c0d-b023-224131f1d09c.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

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RNS Number : 6831E

Coats Group PLC

02 March 2020

COATS GROUP PLC

LEI: 2138003SPYWGAITNFY17

COATS GROUP PLC

(the "Company")

BLOCK LISTING APPLICATION

Coats Group plc announces that an application has been made to the FCA and the London Stock Exchange ("LSE") for the listing of 12,000,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") to trade on the LSE and to be admitted to the FCA's Official List. All of these Ordinary Shares are being reserved under extensions to an existing block listing and will be issued as a result of the exercise of share options pursuant to the following scheme:

Amount                      Scheme

12,000,000                  Coats Long Term Incentive Plan ("LTIP")

It is expected that admission of these Ordinary Shares will become effective on 5 March 2020. These shares, which will rank pari passu with the existing Ordinary Shares in issue, will be allotted from time to time in accordance with the exercise of options under the Coats Group plc LTIP. 

Coats Group plc

Rob Mann

Head of Investor Relations
Tel: 020 8210 5175

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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