Coral Products PLC Director's Dealing (3086A)

TIDMCRU

RNS Number : 3086A

Coral Products PLC

28 September 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 today that on 24 September 2020 Michael Wood, a director of the Company, transferred a portion of his shareholding to his ISA account.

Michael Wood disposed of 37,037 ordinary shares in the Company, representing 0.04 per cent. of the Company's issued ordinary share capital, at a price of 5 pence per share and transferred the proceeds of the sale into an ISA account in his name to purchase 36,310 ordinary shares in the Company at a price of 5.1 pence per share on 24 September 2020.

Following this transfer, Mr Wood now holds 304,265 ordinary shares in the Company, representing 0.37 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 Tinsley, 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 
  David Lawman (Corporate Broking) 
 
 
 
 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 current shares to an ISA. 
                                                    Original number of shares = 37,037. 
                                                    Lost 727 shares during transfer 
        ---------------------------------------  --------------------------------------------- 
 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 
          the financial 
          instrument, type                         Ordinary shares 
          of instrument 
                                                   ISIN: GB0002235736 
          Identification 
          Code 
        ---------------------------------------  --------------------------------------------- 
 b.      Nature of the                             Transfer of current shares to an ISA 
          transaction 
        ---------------------------------------  --------------------------------------------- 
 
 c.      Price(s) and volume(s)                    Price(s) per             Volume(s) 
                                                    share 
        ---------------------------------------   ----------------------- 
                                                   5.10p                    36,310 
                                                  -----------------------  ---------------- 
 
 d.      Aggregated information 
 
          - Aggregated Volume                       As above 
 
          - Price                                   As above 
        ---------------------------------------  --------------------------------------------- 
 e.      Date of the transaction                  24 September 2020 
        ---------------------------------------  --------------------------------------------- 
 f.      Place of the transaction                 UK 
        ---------------------------------------  ---------------------------------------------

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END

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