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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 |
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Additional Listing - RNS
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Coats Group plc published this content on 02 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2020 11:07:10 UTC
