REG - Coral Products PLC - Directors' Dealings

Coral ProductsAnnouncement

26/09/2019 11:30

RNS Number : 8078N
Coral Products PLC
26 September 2019
 


26 September 2019                                        
CORAL PRODUCTS PLC
('Coral' or the 'Company' or the 'Group')
 
Directors' Dealings
 
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 25 September 2019 that Joe Grimmond and Paul Freud, respectively the Non-executive Chairman and an Executive Director of the Company, purchased 500,000 ordinary shares and 100,000 ordinary shares in the Company respectively, representing 0.61 per cent. and 0.12 per cent. of the Company's issued share capital, at an average price of 5.74 pence and at a price of 5.69 pence per ordinary share respectively.
 
Following the above transactions, Mr Grimmond holds 5,873,337 ordinary shares in the Company, representing 7.11 per cent. of the Company's issued share capital and Mr Freud holds 2,048,333 ordinary shares in the Company, representing 2.48 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
Tony Rawlinson
Liam Murray
David Lawman (Corporate Broking)


 
Tel: 020 7213 0880














Capital Markets Consultants
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


Joe Grimmond




2


Reason for notification








a.


Position/Status


Non-Executive 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


 Purchase of shares




c.


Price(s) and volume(s)




























Price(s) per share


Volume(s)








5.69p
5.799p


250,000
250,000








 
 




d.


Aggregated information
 
- Aggregated Volume
 
- Price


 
 
As above
 
As above




e.


Date of the transaction


25 September 2019




f.


Place of the transaction


UK




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


Paul Freud




2


Reason for notification








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


 Purchase of shares




c.


Price(s) and volume(s)




























Price(s) per share


Volume(s)








5.69p


100,000
 








 
 




d.


Aggregated information
 
- Aggregated Volume
 
- Price


 
 
As above
 
As above




e.


Date of the transaction


25 September 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
 
 
DSHZMGZLGVFGLZM