TIDMCOA

RNS Number : 1916Z

Coats Group PLC

19 May 2021

19 May 2021

Coats Group plc

('Coats' or the 'Company')

Results of the Annual General Meeting ("AGM")

Coats announces that at the AGM, held at the Company's Registered Office on 19 May 2021, all the resolutions put to the meeting were duly passed by way of a poll vote by the requisite majority.

Proxy votes were received from shareholders in respect of 83% of the issued share capital. The total number of ordinary shares in issue in relation to the AGM is 1,452,570,385.

The following table shows the proxy votes cast on each resolution:

 
            Resolution                   Total Votes            Total Votes       Votes Withheld 
                                             For                  Against 
                                                      %                     % 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Receipt of Annual 
  1      Report 2020                1,210,162,846   99.99        10,274    0.01        1,116,179 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Approval of 
         Remuneration 
  2      Report                     1,207,472,012   99.98       281,590    0.02        3,535,697 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Approval of 
  3      dividend                   1,210,197,106   99.91     1,092,193    0.09                0 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Re-election 
         of Nicholas 
  4      Bull                       1,203,039,972   99.32     8,217,922    0.68           31,405 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Re-election 
  5      of Anne Fahy               1,011,791,193   86.98   151,426,419   13.02       48,071,687 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Re-election 
  6      of David Gosnell           1,200,749,119   99.32     8,203,631    0.68        2,336,549 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Re-election 
         of Hongyan Echo 
  7      Lu                         1,203,024,467   99.32     8,207,262    0.68           57,570 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Re-election 
  8      of Fran Philip             1,203,036,704   99.32     8,226,484    0.68           26,111 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Re-election 
  9      of Rajiv Sharma            1,163,817,249   96.08    47,451,235    3.92           20,815 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Election of 
  10     Jacqueline Callaway        1,210,716,875   99.96       533,901    0.04           38,523 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Election of 
  11     Jakob Sigurdsson           1,203,020,861   99.32     8,248,265    0.68           20,173 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Reappointment 
  12     of Auditor                 1,186,805,517   97.99    24,363,364    2.01          120,418 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Approval of 
   13    Auditor remuneration       1,190,626,305   98.29    20,658,460    1.71            4,534 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Authority to 
         allot relevant 
  14     securities                 1,084,030,404   89.50   127,150,167   10.50          108,728 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Authority to 
         disapply pre-emption 
  15     rights                     1,211,001,312   99.99       131,644    0.01          155,105 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Additional disapplication 
         of pre-emption 
  16     rights                     1,124,844,200   92.88    86,288,814    7.12          156,285 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Authority to 
         purchase own 
  17     Shares                     1,206,894,780   99.68     3,831,331    0.32          563,188 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Authority to 
         call general 
         meetings on 
         clear 14 days' 
  18     notice                     1,190,061,714   98.25    21,224,480    1.75            3,105 
       --------------------------  --------------  ------  ------------  ------  --------------- 
        Approval and 
         adoption of 
         new Articles 
  19     of Association             1,211,170,351   99.99        97,040    0.01           21,908 
       --------------------------  --------------  ------  ------------  ------  --------------- 
 

NB: Percentage of Votes cast excludes Withheld votes; rounded to two decimal places. Any proxy appointments which gave discretion to the Chairman have been included in the "for" column. A copy of the resolutions other than those resolutions comprising ordinary business passed at the AGM has been uploaded to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Further details of the resolutions (including the text of the resolutions) are given in the Notice of the 2021 Annual General Meeting which is available on the Company's website.

Stuart Morgan

Company Secretary

19 May 2021

 
 Enquiry details: 
                                                            +44 (0)7880 471 
 Investors           Victoria Huxster    Coats Group plc     350 
 
 

About Coats Group plc

Coats is the world's leading industrial thread company. At home in some 50 countries, Coats has a workforce of 17,000 people across six continents. Revenues in 2020 were US$1.2bn. Coats' pioneering history and innovative culture ensure the company leads the way around the world. It provides complementary and value added products, services and software solutions to the apparel and footwear industries. It applies innovative techniques to develop high technology Performance Materials threads, yarns and fabrics in areas such as Transportation, Telecommunications and Energy, and Personal Protection. Headquartered in the UK, Coats is a FTSE 250 company, a constituent of the FTSE4Good Index Series, a participant in the UN Global Compact and a member of the Ellen MacArthur Foundation. It has also committed to developing a long-term target to reach net-zero emissions by 2050, the highest level of ambition on climate under the Science Based Target Initiative.

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END

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May 19, 2021 10:59 ET (14:59 GMT)

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