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Coral Products PLC (CRU)

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Thursday 26 September, 2019

Coral Products PLC

Directors' Dealings

RNS Number : 8078N
Coral Products PLC
26 September 2019
 

26 September 2019                                        

CORAL PRODUCTS PLC

('Coral' or the 'Company' or the 'Group')

 

Directors' Dealings

 

Coral Products PLC, (the "Company" or the "Group") a specialist in the design, manufacture and supply of injection moulded plastic products based in Haydock, Merseyside, announces it was informed on 25 September 2019 that Joe Grimmond and Paul Freud, respectively the Non-executive Chairman and an Executive Director of the Company, purchased 500,000 ordinary shares and 100,000 ordinary shares in the Company respectively, representing 0.61 per cent. and 0.12 per cent. of the Company's issued share capital, at an average price of 5.74 pence and at a price of 5.69 pence per ordinary share respectively.

 

Following the above transactions, Mr Grimmond holds 5,873,337 ordinary shares in the Company, representing 7.11 per cent. of the Company's issued share capital and Mr Freud holds 2,048,333 ordinary shares in the Company, representing 2.48 per cent. 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.

 

 

For further information, please contact:

 

Coral Products plc

Michael (Mick) Wood, Chief Executive Officer             

 

 

Tel: 07788 565 154

 

Nominated Adviser & Broker

Cairn Financial Advisers LLP

Tony Rawlinson

Liam Murray

David Lawman (Corporate Broking)

 

Tel: 020 7213 0880



Capital Markets Consultants

Richard Pearson

Tel: 07515 587 184

 

 

 



 

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

Joe Grimmond

2

Reason for notification


a.

Position/Status

Non-Executive 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 shares

c.

Price(s) and volume(s)







Price(s) per share

Volume(s)


5.69p

5.799p

250,000

250,000


 

 

d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

As above

 

As above

e.

Date of the transaction

25 September 2019

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

Paul Freud

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 shares

c.

Price(s) and volume(s)







Price(s) per share

Volume(s)


5.69p

100,000

 


 

 

d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

As above

 

As above

e.

Date of the transaction

25 September 2019

f.

Place of the transaction

UK

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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