Result of AGM

RNS Number : 1916Z
Coats Group PLC
19 May 2021
 

19 May 2021

Coats Group plc

('Coats' or the 'Company')

 

Results of the Annual General Meeting ("AGM")

 

Coats announces that at the AGM, held at the Company's Registered Office on 19 May 2021, 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 83% 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 2020

1,210,162,846

99.99

10,274

0.01

1,116,179

2

Approval of Remuneration Report

1,207,472,012

99.98

281,590

0.02

3,535,697

3

Approval of dividend

1,210,197,106

99.91

1,092,193

0.09

0

4

Re-election of Nicholas Bull

1,203,039,972

99.32

8,217,922

0.68

31,405

5

Re-election of Anne Fahy

1,011,791,193

86.98

151,426,419

13.02

48,071,687

6

Re-election of David Gosnell

1,200,749,119

99.32

8,203,631

0.68

2,336,549

7

Re-election of Hongyan Echo Lu

1,203,024,467

99.32

8,207,262

0.68

57,570

8

Re-election of Fran Philip

1,203,036,704

99.32

8,226,484

0.68

26,111

9

Re-election of Rajiv Sharma

1,163,817,249

96.08

47,451,235

3.92

20,815

10

Election of Jacqueline Callaway

1,210,716,875

99.96

533,901

0.04

38,523

11

Election of Jakob Sigurdsson

1,203,020,861

99.32

8,248,265

0.68

20,173

12

Reappointment of Auditor

1,186,805,517

97.99

24,363,364

2.01

120,418

 

13

Approval of Auditor remuneration

1,190,626,305

98.29

20,658,460

1.71

4,534

14

Authority to allot relevant securities

1,084,030,404

89.50

127,150,167

10.50

108,728

15

Authority to disapply pre-emption rights

1,211,001,312

99.99

131,644

0.01

155,105

16

Additional disapplication of pre-emption rights

1,124,844,200

92.88

86,288,814

7.12

156,285

17

Authority to purchase own Shares

1,206,894,780

99.68

3,831,331

0.32

563,188

18

Authority to call general meetings on clear 14 days' notice

1,190,061,714

98.25

21,224,480

1.75

3,105

19

Approval and adoption of new Articles of Association

1,211,170,351

99.99

97,040

0.01

21,908


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 .

 

Further details of the resolutions (including the text of the resolutions) are given in the Notice of the 2021 Annual General Meeting which is available on the Company's website.

 

 

Stuart Morgan

Company Secretary

19 May 2021

 

 

Enquiry details:

 




Investors

Victoria Huxster

Coats Group plc

+44 (0)7880 471 350

 

 




 

About Coats Group plc

 

Coats is the world's leading industrial thread company. At home in some 50 countries, Coats has a workforce of 17,000 people across six continents. Revenues in 2020 were US$1.2bn. Coats' pioneering history and innovative culture ensure the company leads the way around the world. It provides complementary and value added products, services and software solutions to the apparel and footwear industries. It applies innovative techniques to develop high technology Performance Materials threads, yarns and fabrics in areas such as Transportation, Telecommunications and Energy, and Personal Protection. Headquartered in the UK, Coats is a FTSE 250 company, a constituent of the FTSE4Good Index Series, a participant in the UN Global Compact and a member of the Ellen MacArthur Foundation. It has also committed to developing a long-term target to reach net-zero emissions by 2050, the highest level of ambition on climate under the Science Based Target Initiative.

 

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