Business
Annual Report 2012
Annual Report 2012.
About this update from Coats Group Plc
[{"type":"text","content":"\n \nRNS Number : 0393B Guinness Peat Group PLC 27 March 2013 \n \n\n \nGUINNESS PEAT GROUP PLC\n(\"GPG\" or the \"Company\")\n \n \nDissemination Announcement\n \n \nANNUAL REPORT 2012\n \n \nThe Annual Report of the Company for the year ended 31 December 2012 (\"the 2012 Annual Report\") is being placed on the Company's website at www.gpgplc.com and will shortly be posted to shareholders. A copy of the 2012 Annual Report has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do.\n \nFurthermore, the Group's Preliminary Announcement of Results for the year ended 31 December 2012 (the \"Preliminary Announcement\") was released to the market on 27 February 2013 and may also be viewed on the Company's website at www.gpgplc.com. In addition to the Preliminary Announcement and the availability of the Company's 2012 Annual Report, GPG is making available to the market the following commentary on those additional matters required by the Disclosure and Transparency Regulations:\n \nRisks and Uncertainties\n \nCommentary on the Group's activities during 2012 and also on the outlook for 2013 are set out in the Chairman's Statement in the Preliminary Announcement and in the 2012 Annual Report. \n \nAs mentioned in that report, GPG is a strategic investment holding company which is now following a strategy to realise value. The identification and consequent management of risk is an inherent feature of the investment evaluation process. \n \nThe Group's major operating subsidiaries at 31 December 2012 consist of CIC Australia Ltd (\"CIC\") and Coats plc (\"Coats\"). CIC produces its own Annual Report in which can be found a report on its business operations. \n \nAs the Annual Report makes clear, it is the Board's intention that GPG will be re-launched as Coats as the various arrangements for the disposal of assets, return of value to shareholders and establishment of Coats as an independent business are completed. With this in mind the 2012 Annual Report also includes a Business Review prepared by the Chief Executive of Coats together with Coats' Unaudited Financial Information.\n \nThe Company's Key Performance Indicators are contain...