Transaction in Own Shares

Coral Products PLC

13 October 2023

 

13 October 2023

Coral Products Plc

("CRU" or the "Company")

Transaction in Own Shares

Coral Products PLC, a specialist in the design, manufacture and supply of injection moulded plastic products based in Wythenshawe, Manchester announces that, on 13 October 2023, it purchased 177,353 ordinary shares of 1 pence each (the "Buyback Shares") on the London Stock Exchange through Cavendish Securities PLC ("Cavendish"), in accordance with the terms of its share buyback programme announced on 29 September 2023 (the "Programme"). The Buyback Shares acquired will be held in treasury.

Date of purchase:	13 October 2023
Aggregate number of ordinary shares purchased:	177,353
Lowest price paid per share (pence per share):	14.7
Highest price paid per share (pence per share):	14.7
Volume weighted average price paid per share (pence per share):	14.7

Following the purchase of the Buyback Shares, the Company will have 90,277,589 ordinary shares of 1 pence each in issue, of which 1,108,632 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 89,168,957.

The above figure of 89,168,957 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 FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Cavendish as part of the Programme.

Schedule of Purchases:
Shares purchased:	Coral Products plc (ISIN: GB0002235736)
Date of purchase:	13 October 2023
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
177,353	14.7	London Stock Exchange
Individual transactions:
Volume	Price (pence)	Time
12,423	14.7	14:00 UK
164,930	14.7	15:45 UK

For further information, please contact:

Coral Products plc Joe Grimmond, Chairman	Tel: [phone]
Nominated Adviser & Broker Cavendish Securities PLC Adrian Hadden Charlie Combe	Tel: [phone]
Financial PR Novella Tim Robertson	Tel: [phone]

This announcement has been posted to: https://coralproducts.com/

 

END