REG - Coats Group PLC - Result of AGM

CoatsAnnouncement

21/05/2025 16:00

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RNS Number : 6555J  Coats Group PLC  21 May 2025

21 May 2025

Coats Group plc

('Coats' or the 'Company')

 

Results of the Annual General Meeting ('AGM')

 

Coats announces that at the AGM, held in London on 21 May 2025, all the
resolutions put to the meeting were duly passed by way of a poll vote by the
requisite majority. Resolutions 1 to 16 were passed as ordinary resolutions;
resolutions 17 to 20 were passed as special resolutions.

 

Proxy votes were received from shareholders in respect of 86% 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:

 

                                                                                       For + Discretion          Against              Votes Withheld

 Resolution
         Votes                                                                         % Votes Cast   Votes      % Votes Cast  Votes
 1       Receipt of Annual Report 2024                                                 1,374,097,875  100.00%    1,711         0.00%  4,199,545
 2       Approval of Remuneration Report                                               1,311,577,545  95.16%     66,707,827    4.84%  13,759
 3       Approval of dividend                                                          1,378,265,284  100.00%    766           0.00%  33,081
 4       Re-election of David Gosnell                                                  1,354,014,568  98.25%     24,184,256    1.75%  100,307
 5       Re-election of Sarah Highfield                                                1,378,237,628  100.00%    18,321        0.00%  43,182
 6       Re-election of Hongyan Echo Lu                                                1,315,667,545  95.46%     62,539,077    4.54%  92,509
 7       Re-election of Stephen Murray                                                 1,319,183,453  95.72%     59,019,169    4.28%  96,509
 8       Re-election of Frances Philip                                                 1,319,152,403  95.71%     59,104,219    4.29%  42,509
 9       Re-election of Jakob Sigurdsson                                               1,378,182,069  100.00%    8,053         0.00%  109,009
 10      Election of Hannah Nichols                                                    1,370,068,263  99.41%     8,140,742     0.59%  90,126
 11      Election of David Paja                                                        1,378,185,466  100.00%    7,845         0.00%  105,820
 12      Election of Srinivas Phatak                                                   1,378,163,797  100.00%    10,070        0.00%  125,264
 13      Re-appointment of Auditor                                                     1,378,065,845  99.99%     177,426       0.01%  55,860
 14      Approval of Auditor remuneration                                              1,378,191,045  99.99%     99,338        0.01%  8,748
 15      Authority to allot relevant securities                                        1,260,706,626  91.47%     117,545,953   8.53%  46,551
 16      Authority to make political donations and incur political expenditure         1,353,869,481  98.23%     24,369,746    1.77%  24,780
 17      Authority to disapply pre-emption rights                                      1,335,133,645  96.87%     43,070,700    3.13%  59,662
 18      Authority to disapply pre-emption rights in connection with acquisitions and  1,319,277,857  95.72%     58,929,490    4.28%  56,659
         specified capital investments
 19      Authority to purchase own shares                                              1,377,929,215  99.99%     117,020       0.01%  252,896
 20      Authority to call general meetings on clear 14 days' notice                   1,361,186,380  98.76%     17,078,530    1.24%  34,221

 

Notes to the resolutions:

 

i.      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
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

ii.     Jackie Callaway did not stand for re-election and stepped down
from the Board following the conclusion of the AGM.

 

Further details of the resolutions (including the text of the resolutions) are
given in the Notice of the 2025 Annual General Meeting which is available on
the Company's website.

 

Company Official Responsible for making this notification:

 

Stuart Morgan

Company Secretary

21 May 2025

 

LEI: 2138003SPYWGAITNFY17

 

 

 Enquiries
 Investors   Anjali Kotak        Coats Group     +44 (0)7880 471350
 Media       Richard Mountain /  FTI Consulting  +44 (0)20 3727 1374

             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. Revenue in 2024 was $1.5 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 permanent workforce of more than 16,000, serving its
customers worldwide.

 

Coats connects talent, textiles, and technology, to make a better and more
sustainable world. Worldwide, there are four 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 (http://www.coats.com) .

 

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