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Coats Group Agrees With UK Pension Scheme Trustee To Switch Off Deficit Repair Payments; Stock Up

Textile Manufacturer Coats Group plc (COA.L) Thursday said that it has entered into an agreement with UK Pension Scheme Trustee to switch off the monthly deficit repair payments, as a result of improvements in funding over the full year 2022.

Coats Group shares see 15% boost following contribution deal with UK scheme trustees

Coats Group has seen its share price jump by around 15% after it announced it had reached an agreement with the trustees of its UK scheme to switch off pension deficit repair payments from 1 January 2024.

Protest over plan to shut Skelton factory and export jobs

Brian Walsh, who made Texon insoles for 44 years, said the plan "saddens his heart".

Are Investors Undervaluing Coats Group plc (LON:COA) By 26%?

Key Insights The projected fair value for Coats Group is UK£0.93 based on 2 Stage Free Cash Flow to Equity Coats Group...

PP Monthly Digest: May 2021

Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.

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