REG - Coral Products PLC - Director/PDMR Shareholding

Coral ProductsAnnouncement

24/05/2019 16:10

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
Joe Grimmond, Non-Executive Chairman
Mick Wood, CEO
 


Tel: 01942 272 882
 


 




Nominated Adviser and Broker
Cairn Financial Advisers LLP
Tony Rawlinson / Liam Murray
 


 
Tel: 020 7213 0880


 




Capital Markets Consultants Limited
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


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/
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 instrument



Identification Code


Ordinary shares
 
 
 
ISIN: GB0002235736
 




 


b.


Nature of the transaction


 Transfer of shares into an ISA




 


c.


Price(s) and volume(s)
























 






Price(s) per share


Volume(s)








 


7.52p


186,041








 


 
 




 


d.


Aggregated information
 
- Aggregated Volume
 
- Price


 
 
As above
 
As above




 


e.


Date of the transaction


24 May 2019




 


f.


Place of the transaction


UK
















 




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