Result of AGM

RNS Number : 6323Y

Coats Group PLC

18 May 2016

 

18 May 2016

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 18 May 2016, 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 2015	980,831,064	100	6,282	0.00	69.68	75,589
2	Approval of Remuneration Report	979,392,077	99.96	409,879	0.04	69.68	1,110,979
3	Re-election of Mike Allen	980,067,344	99.97	249,843	0.03	69.68	595,748
4	Re-election of Ruth Anderson	980,147,036	99.98	161,295	0.02	69.68	604,345
5	Re-election of Nicholas Bull	980,144,733	99.98	160,270	0.02	69.68	607,673
6	Re-election of Mike Clasper	980,138,792	99.98	199,855	0.02	69.68	574,029
7	Re-election of Paul Forman	980,177,710	99.98	160,943	0.02	69.68	574,023
8	Re-election of David Gosnell	980,138,904	99.98	187,321	0.02	69.68	586,710
9	Re-election of Alan Rosling	980,097,852	99.98	209,435	0.02	69.68	605,648
10	Re-election of Rajiv Sharma	979,897,356	99.96	393,291	0.04	69.68	622,288
11	Reappointment of Auditor	980,212,788	99.93	653,270	0.07	69.68	45,849
12	Approval of Auditor remuneration	980,213,600	99.96	403,782	0.04	69.68	294,784
13	Authority to allot relevant securities	979,430,586	99.93	681,626	0.07	69.68	800,723
14	Authority to disapply pre-emption rights	979,490,049	99.94	633,550	0.06	69.68	789,336
15	Authority to purchase own Shares	980,597,939	99.98	227,115	0.02	69.68	87,662
16	Authority to call general meetings on clear 14 days' notice	969,858,033	98.88	11,010,058	1.12	69.68	44,560
17	De-list from the NZX Main Board	977,755,912	99.68	3,110,085	0.32	69.68	46,679

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 16 May 2016 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.com later today.

Stuart Morgan

Company Secretary

18 May 2016

Enquiry details

UK media                                                          Richard Mountain           [phone]

New Zealand and Australian media                      Geoff Senescall             [phone]

Investors                                                           Jaideep Thatai               [phone]

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