Last checked at 30 May 2019 07:00
CORAL PRODUCTS PLC
("Coral" or the "Group")
Grant of Options
Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that Lenka Gaborova, a PDMR of the Company and Financial Controller of Tatra Rotalac Ltd, one of the Company's wholly owned subsidiary, has been granted 100,000 options ("EMI Options") over ordinary shares of 1 pence each in the share capital of the Company under the 2014 EMI Share Option Scheme.
The EMI Options have an exercise price 16 pence per ordinary share and are exercisable between the second and tenth anniversary of the signing of the EMI Options agreement, being 29 May 2019, after which they will lapse.
Prior to the grant of the EMI Options, Lenka Gaborova held no options nor ordinary shares in the Company.
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 | Lenka Gaborova | ||||||
| 2 | Reason for notification | |||||||
| a. | Position/Status | PDMR of the Company, Financial Controller of Tatra Rotalac Ltd | ||||||
| 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 | Options over ordinary shares of 1 penny each
ISIN: GB0002235736
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| b. | Nature of the transaction | Grant of share options | ||||||
| c. | Price(s) and volume(s) | |||||||
| Price(s) per share | Volume(s) | |||||||
| 16p | 100,000 | |||||||
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| d. | Aggregated information
- Aggregated Volume
- Price |
As above
As above | ||||||
| e. | Date of the transaction | 29 May 2019 | ||||||
| f. | Place of the transaction | UK | ||||||