5 September 2024
Coats Group plc
Director Declaration
Coats Group plc ('Coats' or the 'Company') announces that it has been notified that Rajiv Sharma (Group CEO and an Executive Director of the Company) has joined the Board of Raymond Lifestyle Limited ('RLL') as a Non-Executive Director. RLL has subsequently listed on BSE Limited (the Bombay Stock Exchange) and the National Stock Exchange of India Limited (NSE India) on 5 September 2024.
As previously announced, Rajiv will step down from Coats on 1 October 2024.
This information is disclosed in accordance with LR 9.6.14 (2).
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Enquiry details | | | |
| Investors | Chris Dyett | Coats Group plc | +44 (0)797 497 4690 |
| Media | Richard Mountain / Nick Hasell | FTI Consulting | +44 (0)20 3727 1374 |
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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. Revenue in 2023 was $1.4 billion.
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 permanent workforce of more than 15,000, serving its customers worldwide.
Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are four 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 validated Science Based sustainability targets for 2030 and beyond, with an aspiration 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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