Director Dealing

RNS Number : 4715V

Coral Products PLC

30 January 2017

 

Coral Products plc

("Coral" or the "Company")

Director Dealing

The Company announces that it has today received notification from Paul Freud, Corporate Development Director of Coral, regarding a dealing in restricted securities dated 27 January 2017. A PDMR notification form has been included as an appendix to this announcement.

Paul Freud has informed the Company of the purchase of 115,000 shares in the Company at a price of 13p per share.

Mr Freud's shareholding in the Company following the transaction comprises 1,948,333 ordinary shares representing 2.4% of the Company's issued ordinary share capital.

The Company's issued share capital comprises of 82,614,865 ordinary shares (1p nominal value) with voting rights.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

Coral Products plc	Tel: [phone]
Joe Grimmond (Executive Chairman)
Nominated Adviser
Cairn Financial Advisers LLP	Tel: [phone]
Tony Rawlinson, Liam Murray
Broker
Daniel Stewart & Company plc	Tel: [phone]
David Lawman
PR
Capital Markets Consultants Limited	Tel: [phone]
Richard Pearson

Paul Freud - PDMR Notification Form

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
Details of the person discharging managerial responsibilities/person closely associated
Name	Paul Joseph Freud
Reason for notification
Position/Status	Corporate Development Director of Coral Products plc
Initial notification/ Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Coral Products PLC
LEI	N/A
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 1p each ISIN: GB0002235736
Nature of the transaction	Purchase of shares
Price(s) and volume(s)
		Price(s)	Volume(s)
		13 pence per share	115,000
Aggregated information - Aggregated Volume - Price	N/A 115,000 £14,950
Date of the transaction	2017-1-27
Place of the transaction	AIM

 

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