Result of AGM

RNS Number : 9735N

Coats Group PLC

21 May 2015

 

21 May 2015

Coats Group plc

('Coats' or the 'Company')

Results of the Annual General Meeting ("AGM")

Coats announces that at the AGM, held in London, United Kingdom on 21 May 2015, all the resolutions put to the meeting were duly passed by way of a show of hands by the requisite majority.

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

Resolution		Total Votes For		Total Votes Against		Total Votes cast as % of Issued Share Capital	Votes Withheld
			%		%	%
1	Receipt of Annual Report 2014	877,734,757	99.98	206,332	0.02	62.37	87,256
2	Approval of Remuneration Report	800,774,198	91.25	76,809,864	8.75	62.35	441,138
3	Re-election of Mike Allen	869,535,302	99.06	8,290,765	0.94	62.36	202,278
4	Election of Nicholas Bull	869,669,267	99.07	8,164,235	0.93	62.36	194,843
5	Election of Paul Forman	869,460,922	99.05	8,346,662	0.95	62.36	220,761
6	Election of David Gosnell	869,639,037	99.07	8,173,783	0.93	62.36	215,525
7	Election of Richard Howes	853,809,846	97.27	23,971,456	2.73	62.36	247,043
8	Election of Alan Rosling	869,581,493	99.06	8,237,282	0.94	62.36	209,570
9	Election of Rajiv Sharma	853,777,424	98.97	8,914,924	1.03	61.29	15,335,065
10	Reappointment of Auditor	877,453,543	99.96	382,436	0.04	62.36	192,366
11	Approval of Auditor remuneration	877,339,848	99.94	565,597	0.06	62.37	122,900
12	Authority to allot relevant securities	868,777,044	98.98	8,970,070	1.02	62.36	281,231
13	Authority to disapply pre-emption rights	869,317,160	99.05	8,334,949	0.95	62.35	376,236
14	Authority to purchase own Shares	870,388,924	99.15	7,461,735	0.85	62.36	177,686
15	Authority to call general meetings on clear 14 days' notice	781,452,539	89.01	96,455,105	10.99	62.37	120,701
16	Adoption of new articles	869,337,896	99.08	8,106,132	0.92	62.34	584,317
17	Approval of Non-Executive Directors' Fees	865,682,368	98.69	11,515,543	1.31	62.32	830,434

Notes:

·      Any proxy appointments which gave discretion to the Chairman have been in the "for" column.

·      A vote "withheld" is not a vote in law and is not counted in the calculation of the "votes for" or "against" the resolution.

·      Copies of the special business resolutions passed at the AGM are being submitted to the UK Listing Authority, and will shortly be available for inspection at the UK National Storage Mechanism which is located at http://www.hemscott.com/nsm.do

Total Voting Rights

The total number of Company's ordinary shares in issue and therefore the total number of voting rights as at the close of business (UK time) on 19 May 2015 was 1,407,612,282.

Audio Recording

An audio recording of the AGM has been made and will be made available on the Company's website at www.coats.comlater today.

Stuart Morgan

Company Secretary

21 May 2015

Enquiry details

UK media                                                          Richard Mountain           [phone]

New Zealand and Australian media                      Geoff Senescall             [phone]

Investors                                                           Jaideep Thatai               [phone]

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