Coral Products PLC Directors' Dealing (3553V)

TIDMCRU

RNS Number : 3553V

Coral Products PLC

27 January 2017

Coral Products plc

("Coral" or the "Company")

Directors' Dealing

The Company announces that it has today received the following notifications from PDMRs regarding dealings in restricted securities dated today, 27 January 2017. PDMR notification forms for the individuals in question have been included as an appendix to this announcement.

Joe Grimmond - Executive Chairman

Joe Grimmond, Executive Chairman of Coral, has informed the Company of the purchase of 100,000 shares in the Company at a price of 14.25p per share.

Mr Grimmond's shareholding in the Company following the transaction comprises 5,273,337 ordinary shares representing 6.4% of the Company's issued ordinary share capital.

David Low - Non-Executive Director

David Low, Non-Executive Director of Coral, has informed the Company of the purchase of 20,000 shares in the Company at a price of 14p per share.

Mr Low's shareholding in the Company following the transaction comprises 825,000 ordinary shares representing 1.0% of the Company's issued ordinary share capital.

The Company's issued share capital comprises of 82,614,865 ordinary shares (1p nominal value) with voting rights.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

 
 Coral Products plc            Tel: 07703 518 148 
 Joe Grimmond (Executive 
  Chairman) 
 
 Nominated Adviser 
 Cairn Financial Advisers      Tel: 020 7213 0880 
  LLP 
 Tony Rawlinson, Liam 
  Murray 
 
 Broker 
 Daniel Stewart & Company      Tel: 020 7776 6550 
  plc 
 David Lawman 
 
 PR 
 Capital Markets Consultants   Tel: 07515 587 184 
  Limited 
 Richard Pearson

Joseph Grimmond - PDMR Notification Form

 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------- 
 Details of the person discharging managerial 
  responsibilities/person closely associated 
------------------------------------------------------------------------- 
 Name                         Joseph (Joe) Grimmond 
---------------------------  -------------------------------------------- 
 Reason for 
  notification 
---------------------------  -------------------------------------------- 
 Position/Status              Executive chairman of Coral Products 
                               plc 
---------------------------  -------------------------------------------- 
 Initial notification/        Initial Notification 
  Amendment 
---------------------------  -------------------------------------------- 
 Details of the issuer, emission allowance market 
  participant, auction platform, auctioneer or 
  auction monitor 
------------------------------------------------------------------------- 
 Name                         Coral Products PLC 
---------------------------  -------------------------------------------- 
 LEI                          N/A 
---------------------------  -------------------------------------------- 
 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 
------------------------------------------------------------------------- 
 Description                  Ordinary Shares of 1p each 
  of the financial 
  instrument,                  ISIN: GB0002235736 
  type of instrument 
 
  Identification 
  Code 
---------------------------  -------------------------------------------- 
 Nature of the                Purchase of shares 
  transaction 
---------------------------  -------------------------------------------- 
 
 Price(s) and                  Price(s)                Volume(s) 
  volume(s) 
---------------------------   ----------------------  ---------------- 
   14.25 pence 
    per share                                          100,000 
  --------------------------------------------------  ---------------- 
 
 Aggregated                   N/A 
  information 
                               100,000 
  - Aggregated 
  Volume                       GBP14,250 
 
  - Price 
---------------------------  -------------------------------------------- 
 Date of the                  2017-1-27 
  transaction 
---------------------------  -------------------------------------------- 
 Place of the                 AIM 
  transaction 
---------------------------  --------------------------------------------

David Low - PDMR Notification Form

 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
-------------------------------------------------------------------- 
 Details of the person discharging managerial 
  responsibilities/person closely associated 
-------------------------------------------------------------------- 
 Name                         David Low 
---------------------------  --------------------------------------- 
 Reason for 
  notification 
---------------------------  --------------------------------------- 
 Position/Status              Non-Executive Director of Coral 
                               Products plc 
---------------------------  --------------------------------------- 
 Initial notification/        Initial Notification 
  Amendment 
---------------------------  --------------------------------------- 
 Details of the issuer, emission allowance market 
  participant, auction platform, auctioneer or 
  auction monitor 
-------------------------------------------------------------------- 
 Name                         Coral Products PLC 
---------------------------  --------------------------------------- 
 LEI                          N/A 
---------------------------  --------------------------------------- 
 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 
-------------------------------------------------------------------- 
 Description                  Ordinary Shares of 1p each 
  of the financial 
  instrument,                  ISIN: GB0002235736 
  type of instrument 
 
  Identification 
  Code 
---------------------------  --------------------------------------- 
 Nature of the                Purchase of shares 
  transaction 
---------------------------  --------------------------------------- 
 
 Price(s) and                  Price(s)             Volume(s) 
  volume(s) 
---------------------------   -------------------  -------------- 
   14 pence 
    per share                                       20,000 
  -----------------------------------------------  -------------- 
 
 Aggregated                   N/A 
  information 
                               20,000 
  - Aggregated 
  Volume                       GBP2,800 
 
  - Price 
---------------------------  --------------------------------------- 
 Date of the                  2017-1-27 
  transaction 
---------------------------  --------------------------------------- 
 Place of the                 AIM 
  transaction 
---------------------------  ---------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 27, 2017 07:38 ET (12:38 GMT)

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