REG - Coral Products PLC - Grant of Options

Coral ProductsAnnouncement

30/05/2019 07:00

RNS Number : 5335A
Coral Products PLC
30 May 2019
 


CORAL PRODUCTS PLC
("Coral" or the "Group")
 
Grant of Options
 
Coral Products plc, a specialist in the design, manufacture and supply of plastic products, announces that Lenka Gaborova, a PDMR of the Company and Financial Controller of Tatra Rotalac Ltd, one of the Company's wholly owned subsidiary, has been granted 100,000 options ("EMI Options") over ordinary shares of 1 pence each in the share capital of the Company under the 2014 EMI Share Option Scheme.
 
The EMI Options have an exercise price 16 pence per ordinary share and are exercisable between the second and tenth anniversary of the signing of the EMI Options agreement, being 29 May 2019, after which they will lapse.
 
Prior to the grant of the EMI Options, Lenka Gaborova held no options nor ordinary shares in the Company.
 
 
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


Lenka Gaborova




 


2


Reason for notification








 


a.


Position/Status


PDMR of the Company, Financial Controller of Tatra Rotalac Ltd




 


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


Options over ordinary shares of 1 penny each
 
ISIN: GB0002235736
 




 


b.


Nature of the transaction


Grant of share options




 


c.


Price(s) and volume(s)
























 






Price(s) per share


Volume(s)








 


16p


100,000








 


 
 




 


d.


Aggregated information
 
- Aggregated Volume
 
- Price


 
 
As above
 
As above




 


e.


Date of the transaction


29 May 2019




 


f.


Place of the transaction


UK















 




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END
 
 
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