TIDMCOA
RNS Number : 9956L
Coats Group PLC
18 May 2022
18 May 2022
Coats Group plc
('Coats' or the 'Company')
Results of the Annual General Meeting ("AGM")
Coats announces that at the AGM, held at FTI Consulting, 200
Aldersgate, Aldersgate Street, London EC1A 4HD on 18 May 2022, 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 85% 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
For Against Withheld
% %
---------------------- -------------- ------- ------------ ------ ----------
Receipt of Annual
1 Report 2021 1,235,546,967 100.00 1,744 0.00 1,218,327
---------------------- -------------- ------- ------------ ------ ----------
Approval of
Remuneration
2 Report 1,195,752,385 96.69 40,978,595 3.31 36,058
---------------------- -------------- ------- ------------ ------ ----------
Approval of
3 dividend 1,236,749,478 100.00 13,310 0.00 4,250
---------------------- -------------- ------- ------------ ------ ----------
Re-election
of Nicholas
4 Bull 1,194,916,081 96.62 41,750,107 3.38 100,850
---------------------- -------------- ------- ------------ ------ ----------
Re-election
of Jacqueline
5 Callaway 1,221,820,798 98.80 14,858,319 1.20 87,921
---------------------- -------------- ------- ------------ ------ ----------
6 RESOLUTION WITHDRAWN
---------------------------------------------------------------------------------
Re-election
7 of David Gosnell 1,230,438,831 99.49 6,245,858 0.51 82,349
---------------------- -------------- ------- ------------ ------ ----------
Re-election
of Hongyan Echo
8 Lu 1,199,528,097 97.00 37,149,035 3.00 89,906
---------------------- -------------- ------- ------------ ------ ----------
Re-election
9 of Fran Philip 1,199,543,968 97.00 37,134,035 3.00 89,035
---------------------- -------------- ------- ------------ ------ ----------
Re-election
10 of Rajiv Sharma 1,236,633,358 100.00 51,331 0.00 82,349
---------------------- -------------- ------- ------------ ------ ----------
Re-election
11 of Jakob Sigurdsson 1,236,668,895 100.00 7,123 0.00 91,020
---------------------- -------------- ------- ------------ ------ ----------
Reappointment
12 of Auditor 1,205,677,805 97.49 31,044,935 2.51 44,298
---------------------- -------------- ------- ------------ ------ ----------
Approval of
13 Auditor remuneration 1,209,229,393 97.77 27,529,987 2.23 7,658
---------------------- -------------- ------- ------------ ------ ----------
Authority to
allot relevant
14 securities 1,106,650,213 89.74 126,582,302 10.26 3,534,523
---------------------- -------------- ------- ------------ ------ ----------
Authority to
disapply pre-emption
15 rights 1,233,775,018 99.76 2,967,735 0.24 24,285
---------------------- -------------- ------- ------------ ------ ----------
Authority to
disapply pre-emption
rights in connection
with acquisitions
and specified
16 capital investments 1,155,567,825 93.44 81,174,928 6.56 24,285
---------------------- -------------- ------- ------------ ------ ----------
Authority to
purchase own
17 shares 1,232,921,697 99.71 3,620,518 0.29 224,823
---------------------- -------------- ------- ------------ ------ ----------
Authority to
call general
meetings on
clear 14 days'
18 notice 1,213,293,214 98.10 23,466,802 1.90 7,022
---------------------- -------------- ------- ------------ ------ ----------
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 .
Resolution 6 (re-election of Anne Fahy as a Director) was
withdrawn by the Company on 3 May 2022, as announced by the Company
on that day. Anne Fahy resigned with effect from 18 May 2022.
Further details of the resolutions (including the text of the
resolutions) are given in the Notice of the 2022 Annual General
Meeting which is available on the Company's website.
Stuart Morgan
Company Secretary
18 May 2022
Enquiry details
Coats Group +44 (0)20 8210
Investors Nick Kidd plc 5090
About Coats Group plc
Coats is the world's leading industrial thread company. At home
in some 50 countries, Coats has a workforce of over 18,000 people
across six continents. Revenues in 2021 were US$1.5bn. Coats
provides complementary and value-adding products, services and
software solutions to the apparel and footwear industries. It also
applies innovative techniques to develop high technology
performance materials threads, yarns, fabrics and composites in
areas like personal protection, telecoms, energy, transportation,
and household and recreation. Headquartered in the UK, Coats is a
constituent of the FTSE 250 and FTSE4Good Index Series. It is a
participant in the UN Global Compact, a member of the Ellen
MacArthur Foundation, has approved short term Science Based Targets
to 2030 and is committed to developing a long-term target to reach
net-zero emissions by 2050, the highest level of ambition on
climate change under the Science Based Target initiative. The
pioneering history and innovative culture of Coats enable the
delivery of its purpose to connect talent, textiles and technology
to make a better and more sustainable world. For further
information go to www.coats.com .
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