Last checked at 24 May 2019 16:06
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 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.
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.
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
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Nominated Adviser and Broker Cairn Financial Advisers LLP Tony Rawlinson / Liam Murray
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Tel: 020 7213 0880 |
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Capital Markets Consultants Limited Richard Pearson | Tel: 07515 587 184 |
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| 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 | Mick Wood | |||||||
| 2 | Reason for notification | Transfer of shares into an ISA Sold: 186,564 @ 0.075p Purchased: 186,041 @ 0.0752p | |||||||
| 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
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| 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
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| b. | Nature of the transaction | Transfer of shares into an ISA | |||||||
| c. | Price(s) and volume(s) | ||||||||
| Price(s) per share | Volume(s) | ||||||||
| 7.52p | 186,041 | ||||||||
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| d. | Aggregated information
- Aggregated Volume
- Price |
As above
As above | |||||||
| e. | Date of the transaction | 24 May 2019 | |||||||
| f. | Place of the transaction | UK | |||||||