Directors' Dealings

RNS Number : 8078N

Coral Products PLC

26 September 2019

 

26 September 2019                                        

CORAL PRODUCTS PLC

('Coral' or the 'Company' or the 'Group')

Directors' Dealings

Coral Products PLC, (the "Company" or the "Group") a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside, announces it was informed on 25 September 2019 that Joe Grimmond and Paul Freud, respectively the Non-executive Chairman and an Executive Director of the Company, purchased 500,000 ordinary shares and 100,000 ordinary shares in the Company respectively, representing 0.61 per cent. and 0.12 per cent. of the Company's issued share capital, at an average price of 5.74 pence and at a price of 5.69 pence per ordinary share respectively.

Following the above transactions, Mr Grimmond holds 5,873,337 ordinary shares in the Company, representing 7.11 per cent. of the Company's issued share capital and Mr Freud holds 2,048,333 ordinary shares in the Company, representing 2.48 per cent. of the Company's issued share capital.

This announcement contains inside information for the purpose of Article 7 of the EU Regulation 596/2014 and has been arranged for release by Sharon Gramauskas, Finance Director of the Company.

For further information, please contact:

Coral Products plc Michael (Mick) Wood, Chief Executive Officer	Tel: [phone]
Nominated Adviser & Broker Cairn Financial Advisers LLP Tony Rawlinson Liam Murray David Lawman (Corporate Broking)	Tel: [phone]
Capital Markets Consultants Richard Pearson	Tel: [phone]

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Joe Grimmond
2	Reason for notification
a.	Position/Status	Non-Executive Director of Coral Products plc
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Coral Products plc
b.	LEI	213800M2XLY2QGBMUN82
4	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
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary shares ISIN: GB0002235736
b.	Nature of the transaction	Purchase of shares
c.	Price(s) and volume(s)
			Price(s) per share	Volume(s)
			5.69p 5.799p	250,000 250,000
d.	Aggregated information - Aggregated Volume - Price	As above As above
e.	Date of the transaction	25 September 2019
f.	Place of the transaction	UK
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Paul Freud
2	Reason for notification
a.	Position/Status	Director of Coral Products plc
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Coral Products plc
b.	LEI	213800M2XLY2QGBMUN82
4	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
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary shares ISIN: GB0002235736
b.	Nature of the transaction	Purchase of shares
c.	Price(s) and volume(s)
			Price(s) per share	Volume(s)
			5.69p	100,000
d.	Aggregated information - Aggregated Volume - Price	As above As above
e.	Date of the transaction	25 September 2019
f.	Place of the transaction	UK

 

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