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22 May 2019 07:00
CORAL PRODUCTS PLC
("Coral" or the "Group")
Directors' Dealings
Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 21 May 2019 that on that date Mick Wood, a Director of the Company, and Joe Grimmond, Non-Executive Chairman of the Company, respectively purchased 37,037 ordinary shares and 50,000 ordinary shares in the Company, representing 0.04 per cent. and 0.06 per cent. of the Company's issued ordinary share capital, at a price of 8.1 pence and 7.99 pence per share respectively.
In addition, Noelle Low, spouse of David Low, a Non-Executive Director of the Company, purchased 50,000 ordinary shares in the Company, representing 0.06 per cent of the Company's issued share capital, at a price of 8.4 pence per share on 21 May 2019.
Following this announcement, Mr Wood holds 223,601 ordinary shares in the Company, representing 0.27 per cent. of the Company's issued ordinary share capital. Mr Grimmond holds 5,373,337 ordinary shares in the Company, representing 6.50 per cent. of the Company's issued ordinary share capital. Noelle and David Low hold 980,000 ordinary shares in the Company, representing 1.19 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:
Enquiries
Coral Products plc Joe Grimmond, Non-Executive Chairman Mick Wood, CEO
| Tel: 01942 272 882
|
Nominated Adviser and Broker Cairn Financial Advisers LLP Tony Rawlinson / Liam Murray
|
Tel: 020 7213 0880 |
Capital Markets Consultants Limited 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 | a) Mick Wood b) Joe Grimmond c) Noelle Low | |||||
2 | Reason for notification | ||||||
a. | Position/Status | a) Director of Coral Products plc b) Non-Executive Chairman of Coral Products plc c) Spouse of 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 instrumentIdentification 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) | ||||||
a) 8.1p b) 7.99p c) 8.4p | a) 37,037 b) 50,000 c) 50,000 | ||||||
| |||||||
d. | Date of the transaction | 21 May 2019 | |||||
e. | Place of the transaction | UK | |||||
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