Coral Products plc
("Coral" or the "Company")
PDMR dealing
Coral Products PLC, a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside, announces that on 8 February 2018 Bharat Mistry, a PDMR of the company, acquired 86,904 ordinary shares in the Company at a price of 11.5p per share, representing 0.1% of the Company's issued share capital. Following this purchase Mr Mistry owns 1,711,904 ordinary shares in the Company, representing approximately 2.07% 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.
Enquiries
Coral Products plc Joe Grimmond, Non-executive Chairman
|
Tel: 07703 518 148 Tel: 01942 272 882 |
Nominated Adviser Cairn Financial Advisers LLP Tony Rawlinson Liam Murray |
Tel: 020 7213 0880 |
|
|
Broker Daniel Stewart & Co plc David Lawman
|
Tel: 020 7776 6550
|
Capital Markets Consultants Richard Pearson |
Tel: 07515 587 184 |
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
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 |
Bharat Mistry |
|||||
2 |
Reason for notification |
|
|||||
a. |
Position/Status |
PDMR - Director of Global One-Pak Limited, a subsidiary 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 |
ISIN: GB0002235736
|
|||||
b. |
Nature of the transaction |
Purchase of shares |
|||||
c. |
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) per share |
Volume(s) |
|
||||
11.5p |
86,904 |
|
|||||
|
|||||||
d. |
Aggregated information - Aggregated Volume - Price |
As above
As above |
|||||
e. |
Date of the transaction |
8 February 2018 |
|||||
f. |
Place of the transaction |
UK |