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RNS Number : 2592J Coral Products PLC 25 April 2022
Coral Products plc
("Coral" or the "Company")
Appointment of Group Operations Director
Coral Products plc, a specialist in the design, manufacture and supply of
plastic products based in Wythenshawe, Manchester is pleased to announce
that Philip (Phil) Allen has been appointed as Group Operations Director of
the Company with immediate effect.
Mr. Allen brings with him a wealth of experience having worked in the
plastics industry for more than 35 years, including for Amco Plastics and
Premier Profiles, from 1989 to 2011, before joining Tatra Plastics Limited, a
leading manufacturer. Tatra Plastics Limited was acquired by the Group in 2016
and subsequently merged with Rotalac Plastics Limited to form Tatra-Rotalac
Limited. Phil was heavily involved in this merger as the Operations Director.
He became the Managing Director of Tatra-Rotalac Limited in late 2018 and the
Managing Director for Customised Packaging Limited in 2022.
The following information is disclosed pursuant to Schedule Two paragraph (g)
of the AIM Rules for Companies.
Philip Michael Allen, age 55 years, is currently a Director of Tatra-Rotalac
Limited and Customised Packaging Limited, he has held no other directorships
during the 5 years preceding the date of this announcement. He has no shares
in Coral Products plc and was awarded 100,000 share options, exercisable at
21p, in May 2017. These options have now vested and are due to expire in May
2027.
There is no further information regarding Mr Allen required to be disclosed
pursuant to AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies.
Executive Chairman, Joe Grimmond, said: "Phil brings with him a wealth of
experience across the industry and the Group. He will greatly strengthen our
board with his expertise."
For further information please contact:
Coral Products plc Tel: 07703 51 8148
Joe Grimmond, Executive Chairman
Nominated Adviser & Broker
WH Ireland Limited Tel: 0207 220 1666
Katy Mitchell
Darshan Patel
Megan Liddell
Capital Markets Consultants Limited Tel: 07515 587 184
Richard Pearson
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