Coral Products PLC
7 December 2000
Coral Products PLC
Issue of New Shares
Coral Products PLC (the 'Company'), one of Europe's leading manufacturers and
suppliers of media packaging for Digital Versatile Disc (DVD), Video and CDs,
and general housewares, announces that following the maturity of the Company's
SAYE Employee Share Scheme the Directors of the company have exercised a total
of 104,463 new ordinary shares of 1p each at 28p. Details of the exercise are:
W D Ferster 34,821 shares
J Ferster 34,821 shares
D M Shalom 34,821 shares.
Following the exercise, these Directors are interested in the issued share
capital of the Company as follows:
No. %
W D Ferster 2,943,181 14.3
J Ferster 2,943,181 14.3
D M Shalom 54,571 0.3
In addition to the above interests the Coral Products Pension Scheme, of which
W D Ferster and J Ferster are trustees and beneficiaries, holds 146,000 shares
in the Company.
Further to the announcement made by the Company on 22nd November 2000, the
Directors advise that the number of share options exercised on that date was
incorrect. The correct figure is 93,318, not 93,317 as previously announced.
Application has been made to The London Stock Exchange and the UK Listing
Authority for the new ordinary shares the subject of both announcements to be
admitted to the Official List and dealings are expected to commence at 8.00
a.m. on 11th December 2000. The new ordinary shares will rank pari passu in
all respects with the Company's existing issued ordinary shares.
Enquiries:
David Shalom, Finance Director, Coral Products PLC Tel: 01942 272 882
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.