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Director Dealing

30 Jan 2017 12:28

RNS Number : 4715V
Coral Products PLC
30 January 2017
 

Coral Products plc

("Coral" or the "Company")

Director Dealing

 

The Company announces that it has today received notification from Paul Freud, Corporate Development Director of Coral, regarding a dealing in restricted securities dated 27 January 2017. A PDMR notification form has been included as an appendix to this announcement.

 

Paul Freud has informed the Company of the purchase of 115,000 shares in the Company at a price of 13p per share.

 

Mr Freud's shareholding in the Company following the transaction comprises 1,948,333 ordinary shares representing 2.4% of the Company's issued ordinary share capital.

 

The Company's issued share capital comprises of 82,614,865 ordinary shares (1p nominal value) with voting rights.

 

The above figure 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 Disclosure and Transparency Rules.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

Coral Products plc

Tel: 07703 518 148

Joe Grimmond (Executive Chairman)

 

 

 

Nominated Adviser

 

Cairn Financial Advisers LLP

Tel: 020 7213 0880

Tony Rawlinson, Liam Murray

 

 

 

Broker

 

Daniel Stewart & Company plc

Tel: 020 7776 6550

David Lawman

 

 

 

PR

 

Capital Markets Consultants Limited

Tel: 07515 587 184

Richard Pearson

 

 

Paul Freud - PDMR Notification Form

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

Paul Joseph Freud

Reason for notification

 

Position/Status

Corporate Development Director of Coral Products plc

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Coral Products PLC

LEI

N/A

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

Description of the financial instrument, type of instrumentIdentification Code

Ordinary Shares of 1p eachISIN: GB0002235736 

Nature of the transaction

Purchase of shares

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

13 pence per share

115,000

 

 

 

Aggregated information

 

- Aggregated Volume

 

- Price

N/A

 

115,000

 

£14,950

Date of the transaction

2017-1-27

Place of the transaction

AIM

 

        

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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