£92.2 m Accelerated Book Build Placing and Rex Retail Offer – Coats Group

Peel Hunt acted as joint Corporate Broker and joint Bookrunner on an accelerated book build conditional placing of (and Peel Hunt acted as sole Intermediaries Offer Adviser for a simultaneous Rex Retail Offer) a total of 145,240,000 new Ordinary Shares in Coats Group plc at an issue price of 63.5 pence per Placing Share which raised gross proceeds of c.£92.2 million, as announced on 11th August, 2022.