Coats Group PLC (COA.L)
14 Dec 2017
Mon, Dec 11 2017
* INITIAL CONSIDERATION IS US$21 MILLION, WITH FURTHER PAYMENTS OF UP TO US$4 MILLION OVER A THREE YEAR PERIOD TO 2020 Source text for Eikon: Further company coverage: (Bangalore.email@example.com)
BRIEF-Coats Group Plc Announces Successful Completion Of A $225M Issue Of Us Private Placement (Uspp) Notes.
* COATS GROUP PLC ANNOUNCES SUCCESSFUL COMPLETION OF A $225M ISSUE OF US PRIVATE PLACEMENT (USPP) NOTES. Source text for Eikon: Further company coverage: (Reporting by Lawrence White)
* COATS GROUP PLC - GROUP SALES FOR PERIOD FROM 1 JULY TO 31 OCTOBER 2017 GREW 2% YEAR-ON-YEAR, DRIVEN BY A STRONG PERFORMANCE IN INDUSTRIAL DIVISION, UP 5%.
* UK'S FRC - ANNOUNCED THAT SCOPE OF INVESTIGATION AMENDED TO INCLUDE CONDUCT OF A FURTHER MEMBER AND TO EXTEND PERIOD UNDER INVESTIGATION, TO START FROM 2002, IN COATS GROUP INVESTIGATION Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)
* Has signed a binding settlement agreement with trustee of Staveley Industries Retirement Benefits Scheme