Last checked at 19 May 2021 15:59
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:
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Investors | Victoria Huxster | Coats Group plc | +44 (0)7880 471 350 |
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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.