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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coats | LSE:CO. | London | Ordinary Share | GB0009270579 | Ord 20p |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8895K Coats PLC 08 May 2003 Board Changes and Application for De-listing 8 May 2003 Coats plc (the "Company") announces that Keith Merrifield has resigned from the Board of Directors of the Company with effect from 7 May 2003. In addition, Sir Harry Djanogly has stepped down as Chairman of the Board. Sir Harry will remain a non-executive director until the procedures relating to the compulsory acquisition of the Company pursuant to Section 429 of the Companies Act 1985 have been completed. A new Chairman will be appointed in due course. The Company also announces that it is proposing to apply to the United Kingdom Listing Authority for the cancellation of the listing of its ordinary shares on the Official List. It is anticipated that de-listing will occur no sooner than 10 June 2003. The de-listing application is a consequence of Avenue Acquisition holding at least 75 per cent. of the Company's shares in issue and the Board changes are a consequence of Avenue Acquisition having acquired control of the Company, pursuant to its recommended cash offer (and were foreshadowed in the offer document). End This information is provided by RNS The company news service from the London Stock Exchange END BOAGGGGKRRZGFZM
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