Director/PDMR Shareholding

RNS Number : 1593M

Coral Products PLC

03 January 2019

 

CORAL PRODUCTS PLC

("Coral" or the "Group")

Director's Dealing

Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 31 December 2018 that Sharon Gramauskas, a Director of the Company, sold 163,098 ordinary shares in the Company, representing 0.20 per cent. of the Company's issued ordinary share capital, at a price of 11 pence per share and transferred the proceeds into an ISA account in her name to acquire 162,783 ordinary shares in the Company at a price of 11.02 pence per share on 31 December 2018. 315 ordinary shares in the Company from Ms Gramauskas' current shareholding were used to pay transaction costs.

Following this announcement, Ms Gramauskas holds 162,783 ordinary shares in the Company, representing 0.20 per cent. of the Company's issued ordinary 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:

Enquiries

Coral Products plc Joe Grimmond, Non-Executive Chairman Mick Wood, CEO	Tel: [phone]
Nominated Adviser Cairn Financial Advisers LLP Tony Rawlinson / Liam Murray	Tel: [phone]
Broker Daniel Stewart & Company Limited David Lawman Richard Potts	Tel: [phone]
Capital Markets Consultants Limited 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	Sharon Gramauskas
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	Disposal of ordinary shares
c.	Price(s) and volume(s)
			Price(s) per share	Volume(s)
			11p	163,098
d.	Aggregated information - Aggregated Volume - Price	As above As above
e.	Date of the transaction	31 December 2018
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	Sharon Gramauskas
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 ordinary shares
c.	Price(s) and volume(s)
			Price(s) per share	Volume(s)
			11.02p	162,783
d.	Aggregated information - Aggregated Volume - Price	As above As above
e.	Date of the transaction	31 December 2018
f.	Place of the transaction	UK

 

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