Coral Products plc
('Coral' or the 'Company' or the 'Group')
PDMR/Director Dealings
Coral Products plc, a specialist in the design, manufacture and supply of plastic products based in Wythenshawe, Manchester, announces it was informed on 9 June 2022 that Joe Grimmond, a director of the Company, purchased 25,000 ordinary shares at 17.2 pence ("Ordinary Shares"). As a result of this purchase, the aggregate holding of Joe Grimmond amounts to 6,438,337 Ordinary Shares in the Company representing 7.72 per cent of the issued share capital.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
ENQUIRIES :
Coral Products plc
Joe Grimmond, Executive Chairman - Tel 07703 518148
WH Ireland Nominated Adviser and Broker - Tel 020 7220 1666
Katy Mitchell
Darshan Patel
Megan Liddell
Capital Markets Consultants Limited
Richard Pearson - Tel 07515 587184
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
Joe Grimmond |
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2 |
Reason for notification |
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a. |
Position/Status |
Executive Chairman |
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b. |
Initial notification/ Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
Coral Products plc |
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b. |
LEI |
213800M2XLY2QGBMUN82
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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 |
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a. |
Description of the financial instrument, type of instrument |
ISIN: GB0002235736
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b. |
Nature of the transaction |
Purchase of shares |
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c. |
Price(s) and volume(s) |
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Price(s) per share |
Volume(s) |
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17.2p |
25,000 |
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d. |
Aggregated information
- Aggregated Volume
- Price |
As above
As above |
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e. |
Date of the transaction |
9 June 2022 |
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f. |
Place of the transaction |
London Stock Exchange (XLON) |