Source - LSE Regulatory
RNS Number : 7002B
Coats Group PLC
06 June 2023
 

6 June 2023

Coats Group plc

Appointment of Joint Corporate Broker

 

Coats Group plc ('Coats' or the 'Company') is pleased to announce the appointment of BNP Paribas as its Joint Corporate Broker alongside Peel Hunt, its existing Corporate Broker, with immediate effect.

Enquiries

Coats Group plc

Victoria Huxster

 

+44 (0) 788 047 1350

BNP Paribas
Virginia Khoo

Carwyn Evans

 

+44 (0) 207 595 9444

Peel Hunt
Mike Bell

Harry Nicholas

Tom Ballard

+44 (0) 207 418 8831

 

- ENDS -

About Coats Group plc

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment. Headquartered in the UK, Coats is a FTSE250 company and a FTSE4Good Index constituent. Revenues in 2022 were $1.6bn.

 

Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, Coats provides value-adding products including apparel, accessory and footwear threads, structural footwear components, fabrics, yarns and software applications. Customer partners include companies from the apparel, footwear, automotive, telecoms, personal protection, and outdoor goods industries.

 

With a proud heritage dating back more than 250 years and spirit of evolution to constantly stay ahead of changing market needs, Coats has operations across some 50 countries with a workforce of over 17,000, serving its customers worldwide.

 

Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are three dedicated Coats Innovation Hubs, where experts collaborate with partners to create the materials and products of tomorrow. It participates in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond, with a goal of achieving net-zero by 2050. Coats is also committed to achieving its goals in Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance.

 

To find out more about Coats visit www.coats.com

 

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