Last checked at 26 Sep 2019 11:25
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
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Tel: 07788 565 154
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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 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) | ||||||
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 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) | ||||||
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 | |||||