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24 May 2019 16:06
CORAL PRODUCTS PLC
("Coral" or the "Group")
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Director's Dealing
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Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 22 May 2019 that Mick Wood, a Director of the Company, transferred a portion of his shareholding by selling 186,564 ordinary shares in the Company, representing 0.23 per cent. of the Company's issued ordinary share capital, at a price of 7.5 pence per share and transferred the proceeds into an ISA account in his name to acquire 186,041 ordinary shares in the Company at a price of 7.52 pence per share on 22 May 2019.
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Following this announcement, Mr Wood holds 223,078 ordinary shares in the Company, representing 0.27 per cent. of the Company's issued ordinary share capital.
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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.
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For further information please contact:
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Enquiries
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Coral Products plc Joe Grimmond, Non-Executive Chairman Mick Wood, CEO Ā | Tel: 01942 272 882 Ā | Ā | ||||||||
Nominated Adviser and Broker Cairn Financial Advisers LLP Tony Rawlinson / Liam Murray Ā | Ā Tel: 020 7213 0880 | Ā | ||||||||
Capital Markets Consultants Limited Richard Pearson | Tel: 07515 587 184 | Ā | ||||||||
Ā | Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | |||||||||
Ā | 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||
Ā | a. | Name | Mick Wood | |||||||
Ā | 2 | Reason for notification | Transfer of shares into an ISA Sold: 186,564 @ 0.075p Purchased: 186,041 @ 0.0752p | |||||||
Ā | a. | Position/Status | Director of Coral Products plc | |||||||
Ā | b. | Initial notification/ Amendment | Initial | |||||||
Ā | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||
Ā | a. | Name | Coral Products plc | |||||||
Ā | b. | LEI | 213800M2XLY2QGBMUN82 Ā Ā | |||||||
Ā | 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 | ||||||||
Ā | a. | Description of the financial instrument, type of instrumentIdentification Code | Ordinary shares Ā Ā Ā ISIN: GB0002235736 Ā | |||||||
Ā | b. | Nature of the transaction | Ā Transfer of shares into an ISA | |||||||
Ā | c. | Price(s) and volume(s) | ||||||||
Ā | Price(s) per share | Volume(s) | ||||||||
Ā | 7.52p | 186,041 | ||||||||
Ā | Ā Ā | |||||||||
Ā | d. | Aggregated information Ā - Aggregated Volume Ā - Price | Ā Ā As above Ā As above | |||||||
Ā | e. | Date of the transaction | 24 May 2019 | |||||||
Ā | f. | Place of the transaction | UK | |||||||
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