REG - Coats Group PLC - Result of AGM

CoatsAnnouncement

17/05/2023 16:30

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RNS Number : 7767Z  Coats Group PLC  17 May 2023

17 May 2023

Coats Group plc

('Coats' or the 'Company')

 

Results of the Annual General Meeting ('AGM')

 

Coats announces that at the AGM, held in London on 17 May 2023, 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 88% of the issued
share capital. The total number of ordinary shares in issue in relation to the
AGM is 1,597,810,385.

 

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

 

 Resolution                                                                            Total Votes For          Total Votes Against      Votes Withheld
         Votes                                                                         %              Votes     %            Votes
 1       Receipt of Annual Report 2022                                                 1,412,843,847  100.00    1,027        0.00        3,324,769
 2       Approval of Remuneration Report                                               1,412,483,258  99.74     3,655,177    0.26        31,208
 3       Approval of Remuneration Policy                                               1,412,457,273  99.74     3,641,947    0.26        70,423
 4       Approval of dividend                                                          1,416,162,467  100.00    1,027        0.00        5,772
 5       Re-election of Nicholas Bull                                                  1,407,050,101  99.36     9,092,910    0.64        26,632
 6       Re-election of Jacqueline Callaway                                            1,401,747,549  98.98     14,409,541   1.02        12,553
 7       Re-election of David Gosnell                                                  1,385,805,905  97.86     30,336,106   2.14        27,632
 8       Re-election of Hongyan Echo Lu                                                1,407,051,388  99.36     9,091,623    0.64        26,632
 9       Re-election of Frances Philip                                                 1,407,050,414  99.36     9,090,920    0.64        28,309
 10      Re-election of Rajiv Sharma                                                   1,416,129,593  100.00    20,568       0.00        19,482
 11      Re-election of Jakob Sigurdsson                                               1,407,102,939  99.36     9,038,073    0.64        28,631
 12      Election of Stephen Murray                                                    1,416,068,964  99.99     76,514       0.01        24,165
 13      Appointment of Auditor                                                        1,411,735,152  99.69     4,359,015    0.31        75,476
 14      Approval of Auditor remuneration                                              1,415,285,462  99.94     849,311      0.06        34,870
 15      Authority to allot relevant securities                                        1,286,836,384  91.09     125,806,194  8.91        3,527,065
 16      Authority to disapply pre-emption rights                                      1,413,185,059  99.79     2,962,915    0.21        21,669
 17      Authority to disapply pre-emption rights in connection with acquisitions and  1,409,731,554  99.55     6,416,420    0.45        21,669
         specified capital investments
 18      Authority to purchase own shares                                              1,412,347,932  99.75     3,587,298    0.25        233,237
 19      Authority to call general meetings on clear 14 days' notice                   1,403,796,619  99.13     12,362,786   0.87        10,238

 

 

NB: Percentage of Votes cast excludes Withheld votes; rounded to two decimal
places. Any proxy appointments which gave discretion to the Chair 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 2023 Annual General Meeting which is available on
the Company's website.

 

 

Stuart Morgan

Company Secretary

17 May 2023

 

 

 Enquiry details
 Investors         Chris Dyett / Victoria Huxster  Coats Group plc  +44 (0)797 497 4690

 

 

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. Revenue in 2022 was $1.6 billion.  Trusted by
the world's leading companies to deliver crucial, innovative, and sustainable
solutions, Coats provides value-adding products including apparel, accessory
and footwear threads, structural footwear components, 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 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 an aspiration of achieving net-zero by 2050. Coats is also committed to
achieving its goals in Diversity, Equity & 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%7Cd427f915c4a04c7a281808db0a8c12ed%7C048ff72770274cd0b672f075b0bdb973%7C0%7C0%7C638115368955536325%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=84xJl8cQryEvN50TOkTQnuGQiFTmWNiC4iTooOH29u0%3D&reserved=0)
.

 

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