REG - Coats Group PLC - Change of Senior Independent Director

CoatsAnnouncement

15/11/2023 09:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231115:nRSO4582Ta&default-theme=true

RNS Number : 4582T  Coats Group PLC  15 November 2023

15 November 2023

 

Coats Group plc

 

Change of Senior Independent Director

 

Coats Group plc ('Coats' or the 'Company'), the world's leading industrial
thread and global footwear component manufacturer, announces that, following
the planned retirement of Nicholas Bull at the Company's 2024 Annual General
Meeting ('AGM') after serving nine years on the Board, Steve Murray will be
appointed Senior Independent Director. This change will take effect from the
conclusion of the AGM, expected to be held on 22 May 2024.

Steve joined the Board on 1 September 2022 as a Non-Executive Director, and he
is a member of the Audit and Risk Committee, the Nomination Committee and the
Remuneration Committee.

 

This notification is made in accordance with LR 9.6.11.

 

 

 

 

Stuart Morgan

Chief Legal & Risk Officer and Group Company Secretary

 

 

 Enquiry details

 Investors         Victoria Huxster /  Investor Relations  +44 788 0471350 / +44 772 0999764

                   Julian Wais
 Media             Richard Mountain /  FTI Consulting LLP  +44 203 7271340

                   Nick Hasell

 

About Coats Group plc

 

Coats is a world leader in thread manufacturing and structural components for
apparel and footwear, as well as an innovative pioneer in performance
materials. These critical solutions are used to create a wide range of
products, including ones that provide safety and protection for people, data,
and the environment. Headquartered in the UK, Coats is a FTSE250 company and a
FTSE4Good Index constituent. Revenues in 2022 were $1.6bn.

Trusted by the world's leading companies to deliver vital, innovative, and
sustainable solutions, Coats provides value-adding products including apparel,
accessory and footwear threads, structural components for footwear and
accessories, fabrics, yarns, and software applications. Customer partners
include companies from the apparel, footwear, automotive, telecoms, personal
protection, and outdoor goods industries.

With a proud heritage dating back more than 250 years and spirit of evolution
to constantly stay ahead of changing market needs, Coats has operations across
some 50 countries with a workforce of over 17,000, serving its customers
worldwide.

Coats connects talent, textiles, and technology to make a better and more
sustainable world. Worldwide, there are three dedicated Coats Innovation Hubs,
where experts collaborate with partners to create the materials and products
of tomorrow. It participates in the UN Global Compact and is committed to
Science Based sustainability targets for 2030 and beyond, with a goal of
achieving net-zero by 2050. Coats is also committed to achieving its goals in
Diversity, Equity and inclusion, workplace health & safety, employee &
community wellbeing, and supplier social performance.

To find out more about Coats visit www.coats.com
(https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.coats.com%2F&data=05%7C01%7C%7C5b2e82c92d9a453f57cd08daccaa5d50%7C048ff72770274cd0b672f075b0bdb973%7C0%7C0%7C638047329323846878%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=MVaDYFX%2F%2Fi8NSJiND250sAwD19LxEJy5mjjHEZggUgc%3D&reserved=0)
.

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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RDNNKQBBCBDDBDD