Coral Products PLC Director's Dealing (7804I)

TIDMCRU

RNS Number : 7804I

Coral Products PLC

03 April 2020

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     Tel: 07788 565 
                                                        154 
 Nominated Adviser & Broker 
  Cairn Financial Advisers LLP                      Tel: 020 7213 
  Liam Murray                                                0880 
  Tony Rawlinson 
  David Lawman (Corporate Broking) 
 
 Capital Markets Consultants                       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                                     Joe Grimmond 
        ---------------------------------------  ----------------------------------------------- 
 2       Reason for notification 
        ---------------------------------------  ----------------------------------------------- 
 a.      Position/Status                          Non-Executive 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 
          the financial 
          instrument, type                         Ordinary shares 
          of instrument 
                                                   ISIN: GB0002235736 
          Identification 
          Code 
        ---------------------------------------  ----------------------------------------------- 
 b.      Nature of the                             Purchase of shares 
          transaction 
        ---------------------------------------  ----------------------------------------------- 
 
 c.      Price(s) and volume(s)                    Price(s) per              Volume(s) 
                                                    share 
        ---------------------------------------   ------------------------ 
                                                   5.2p                      20,000 
                                                  ------------------------  ----------------- 
 
 d.      Aggregated information 
 
          - Aggregated Volume                       As above 
 
          - Price                                   As above 
        ---------------------------------------  ----------------------------------------------- 
 e.      Date of the transaction                  2 April 2020 
        ---------------------------------------  ----------------------------------------------- 
 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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