20 April 2015
Coats Group plc
Resignation of Director
Coats Group plc ('Coats' or the 'Company') announces the resignation of Sir Ron Brierley, Non-Executive Director, from the Board of Directors with immediate effect.
Commenting on today's announcement Mike Clasper, Chairman, Coats Group plc said:
'On behalf of the Board I would like to thank Sir Ron Brierley, who has decided to step down as a Non-Executive Director, for his extensive contribution over many years. Having been appointed to the Board as Chairman in 1990, and holding that position until 2010, Sir Ron has brought a great deal of leadership, experience and insight to the Company.
'More recently he has supported the successful completion of the asset realisation programme and the renaming of the Company to Coats Group plc together with the Board changes made earlier this year. The Board joins me in wishing Sir Ron the very best for the future.'
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