Result of AGM

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 For		Total Votes Against		Votes Withheld
			%		%
1	Receipt of Annual Report 2021	1,235,546,967	100.00	1,744	0.00	1,218,327
2	Approval of Remuneration Report	1,195,752,385	96.69	40,978,595	3.31	36,058
3	Approval of dividend	1,236,749,478	100.00	13,310	0.00	4,250
4	Re-election of Nicholas Bull	1,194,916,081	96.62	41,750,107	3.38	100,850
5	Re-election of Jacqueline Callaway	1,221,820,798	98.80	14,858,319	1.20	87,921
6	RESOLUTION WITHDRAWN
7	Re-election of David Gosnell	1,230,438,831	99.49	6,245,858	0.51	82,349
8	Re-election of Hongyan Echo Lu	1,199,528,097	97.00	37,149,035	3.00	89,906
9	Re-election of Fran Philip	1,199,543,968	97.00	37,134,035	3.00	89,035
10	Re-election of Rajiv Sharma	1,236,633,358	100.00	51,331	0.00	82,349
11	Re-election of Jakob Sigurdsson	1,236,668,895	100.00	7,123	0.00	91,020
12	Reappointment of Auditor	1,205,677,805	97.49	31,044,935	2.51	44,298
13	Approval of Auditor remuneration	1,209,229,393	97.77	27,529,987	2.23	7,658
14	Authority to allot relevant securities	1,106,650,213	89.74	126,582,302	10.26	3,534,523
15	Authority to disapply pre-emption rights	1,233,775,018	99.76	2,967,735	0.24	24,285
16	Authority to disapply pre-emption rights in connection with acquisitions and specified capital investments	1,155,567,825	93.44	81,174,928	6.56	24,285
17	Authority to purchase own shares	1,232,921,697	99.71	3,620,518	0.29	224,823
18	Authority to call general meetings on clear 14 days' 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
Investors	Nick Kidd	Coats Group plc	[phone]

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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