3 Apr 2020 14:01
3 April 2020
CORAL PRODUCTS PLC
('Coral' or the 'Company' or the 'Group')
Director's Dealing
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 2 April 2020 that Joe Grimmond, Non-executive Chairman of the Company, purchased 20,000 ordinary shares in the Company, representing 0.02 per cent. of the Company's issued share capital, at a price of 5.2 pence per ordinary share on 2 April 2020.
Following the above transaction, Mr Grimmond holds 5,893,337 ordinary shares in the Company, representing 7.13 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 Liam Murray Tony Rawlinson 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) | ||||||
5.2p
| 20,000 | ||||||
| |||||||
d. | Aggregated information
- Aggregated Volume
- Price |
As above
As above | |||||
e. | Date of the transaction | 2 April 2020 | |||||
f. | Place of the transaction | UK | |||||
Coral Products (CRU)