REG - Coral Products PLC - Change of Adviser

Coral ProductsAnnouncement

02/09/2022 07:00

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RNS Number : 0203Y  Coral Products PLC  02 September 2022

 

2(nd) September 2022

Coral Products plc

("Coral", the "Company" or the "Group")

 

Change of Adviser

 

Coral products plc (AIM: CRU), a specialist in the design, manufacture and
supply of plastic products based in Wythenshawe, Manchester, is pleased to
announce the appointment of Cenkos Securities plc as nominated adviser and
sole broker with immediate effect.

 

 

 

 

In accordance with AIM Rule 17, Schedule Two (g) sub-paragraph (v) of the AIM
Rules for Companies, the Company also announces that Joe Grimmond was a
director of the following companies:

 

James Dickie Castings Limited, when the winding up of James Dickie Castings
Limited commenced under compulsory liquidation on 21 November 1991.  There
were no funds available in the company that would enable payment to creditors
and the company was dissolved on 30 June 1999.

 

Newall International Limited, when the company was placed under administrative
receivership liquidation on 17 April 2001 with secured creditors amounting to
approximately £2,511,942, preferential creditors amounting to approximately
£180,768 and unsecured creditors amounting to approximately £1,576,462.
The secured creditors received the amount in full, the preferential creditors
only received a small amount of dividend, and no distribution was made to
unsecured creditors. The company was dissolved on 18 December 2007.

 

Shalibane PLC, when the company was placed under administrative receivership
liquidation with creditors amounting to approximately £3,009,040 on 30 March
2001.  No distribution was made to unsecured creditors and the company was
dissolved on 27 September 2005.

 

 

 

 

For further information, please contact:

 

 Coral Products plc                                   Tel: +44 (0) 7703 518148

 Joe Grimmond, Executive Chairman

 Cenkos Securities - Nominated Adviser and Broker    Tel: +44 (0) 207 397 8900

 Stephen Keys/ Charlie Combe

 Capital Markets Consultants Limited                  Tel: +44 (0 7515 587184

 Richard Pearson

 

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