Coral Products PLC Director/PDMR Shareholding (1906A)
May 24 2019 - 11:06AM
UK Regulatory
TIDMCRU
RNS Number : 1906A
Coral Products PLC
24 May 2019
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 Tel: 01942 272
Joe Grimmond, Non-Executive Chairman 882
Mick Wood, CEO
Nominated Adviser and Broker
Cairn Financial Advisers LLP Tel: 020 7213
Tony Rawlinson / Liam Murray 0880
Capital Markets Consultants Limited Tel: 07515 587
Richard Pearson 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 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/ Initial
Amendment
--------------------------- ---------------------------------------------------------------
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 Ordinary shares
the financial
instrument, type
of instrument
ISIN: GB0002235736
Identification
Code
--------------------------- ---------------------------------------------------------------
b. Nature of the Transfer of shares into an ISA
transaction
--------------------------- ---------------------------------------------------------------
c. Price(s) and volume(s) Price(s) per Volume(s)
share
--------------------------- -------------
7.52p 186,041
------------- ---------------
d. Aggregated information
- Aggregated Volume As above
- Price As above
--------------------------- ---------------------------------------------------------------
e. Date of the transaction 24 May 2019
--------------------------- ---------------------------------------------------------------
f. Place of the transaction UK
--------------------------- ---------------------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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